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V2591-24 ·13 December 2024 ·consulta-vinculante Medium impact
Tax

VAT can be rectified if a court ruling alters the price of a work or nullifies the transaction

A livestock farmer inquired about the VAT implications when a construction company is required to refund the cost of a project and compensation following a lawsuit. The DGT clarified that if a final court ruling alters the price or nullifies the transaction, the taxable base is modified and the VAT amount must be rectified.

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2024-12-13PublishedPublished 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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