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V1977-20 ·17 June 2020 ·consulta-vinculante Medium impact
Tax

Transfer of a custody business is not subject to VAT if it constitutes an autonomous economic unit

An entity inquired whether the transfer of its custody business was subject to VAT. The DGT ruled that the transaction is not subject to tax if the transferred elements allow for the conduct of an autonomous economic activity.

In 6 key points

Lifecycle

2020-06-17PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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