Skip to content
V2144-20 ·25 June 2020 ·consulta-vinculante Medium impact
Tax

Financial product mediation services are VAT exempt if they facilitate direct or indirect contracting

A credit institution has requested a ruling on whether services provided by an agent marketing accounts, cards, and loans in stands or shops are subject to or exempt from VAT. The DGT has determined that such activities are exempt if they qualify as mediation, which requires an activity that goes beyond the mere provision of information.

In 6 key points

Lifecycle

2020-06-25PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact