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V2355-19 ·20 September 2019 ·consulta-vinculante Medium impact
Tax

No obligation to issue invoices for exempt financial mediation services provided by credit institutions

An insurance mutual fund sought clarification on when to declare exempt invoices for financial mediation services received from a financial institution. The Directorate General for Taxes (DGT) ruled that, as the mediation is performed by a credit institution, there is no obligation to issue an invoice, although the mutual fund must still record the received invoice in the SII (Immediate Supply of Information system).

In 6 key points

How it affects those involved

This ruling clarifies the invoicing requirements for exempt financial mediation services, distinguishing between the obligation to issue an invoice and the obligation to record received invoices in the SII for credit institutions.

Lifecycle

2019-09-20PublishedPublished 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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