Skip to content
V2374-20 ·10 July 2020 ·consulta-vinculante Medium impact
Tax

VAT on leases continues to accrue even if rent is not collected, unless the contract is modified

A leasing company asks whether it must continue to accrue VAT on commercial rents that cannot be collected due to the state of alarm. The DGT rules that the tax continues to accrue if the contract is not formally modified or cancelled, although the taxable base may be reduced if the debt becomes uncollectible under certain requirements.

In 6 key points

Lifecycle

2020-07-10PublishedPublished 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