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V2261-25 ·25 November 2025 ·consulta-vinculante Medium impact
Tax

Management fees for a fund are exempt from VAT when provided between public administration entities

A state commercial company asks whether management fees charged for managing a ministry-dependent fund are exempt from VAT. The DGT determines that such fees are not subject to VAT as they are services provided between public administration entities.

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2025-11-25PublishedPublished 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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