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V2190-21 ·30 July 2021 ·consulta-vinculante Medium impact
Tax

Transfer of an autonomous economic unit is not subject to VAT and Corporate Tax is recognised on an accrual basis

A company requested a ruling regarding the transfer of a business unit where the price depends on future profits. The DGT determined that, as the price is uncertain, it does not constitute an instalment sale for Corporate Tax purposes and must be recognised on an accrual basis. Furthermore, the transfer is not subject to VAT.

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2021-07-30PublishedPublished 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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