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V2397-17 ·21 September 2017 ·consulta-vinculante Medium impact
Tax

Tax base for partially subsidised electricity supply shall be the sum of excess price and consideration in kind, subject to a minimum limit

A local council and residents transfer land to an electricity company in exchange for subsidised electricity up to a certain limit and an agreed price for any excess. The DGT determines how to calculate the VAT tax base when the consideration is partially monetary and partially in kind.

In 6 key points

How it affects those involved

This ruling clarifies the calculation of the VAT tax base for complex transactions involving both monetary payments and consideration in kind, specifically within the context of energy supply agreements involving land transfers.

Lifecycle

2017-09-21PublishedPublished 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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