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V2162-21 ·29 July 2021 ·consulta-vinculante Medium impact
Tax

Payment initiation and account aggregation services subject to 21% VAT

An entity queried whether its payment initiation and account information services were exempt from VAT. The DGT has determined that these services do not perform the essential functions of a payment transaction and must therefore be taxed at the standard rate.

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2021-07-29PublishedPublished 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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