Skip to content
V2531-21 ·8 October 2021 ·consulta-vinculante Medium impact
Tax

Non-deductible VAT from exempt activities may qualify as eligible expenditure if non-recoverable

A company enquired whether VAT incurred in its exempt educational activity could be considered eligible expenditure for subsidy purposes. The DGT ruled that, as it is not deductible, such VAT is non-recoverable and may therefore qualify as eligible expenditure.

In 6 key points

Lifecycle

2021-10-08PublishedPublished 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