Skip to content
V2268-16 ·24 May 2016 ·consulta-vinculante Medium impact
Tax

Compensation for theft of machinery is not part of the VAT taxable amount

A query was raised regarding whether compensation received for the theft of leased machinery should be subject to VAT. The DGT ruled that, as it is not consideration for a service but rather compensation for damages, it does not form part of the taxable amount.

In 6 key points

Lifecycle

2016-05-24PublishedPublished 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