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V2211-21 ·31 July 2021 ·consulta-vinculante Medium impact
Tax

Financial mediation exemption requires active engagement of parties rather than mere provision of information

An Italian company seeks clarification regarding the location of its Spanish branch's services, VAT exemption, and the treatment of transfer pricing adjustments. The DGT clarifies that the mediation exemption requires active solicitation activities and analyses the taxability of accounting adjustments between a parent company and its branch.

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2021-07-31PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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