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V2630-17 ·16 October 2017 ·consulta-vinculante Medium impact
Tax

The use of exchange rate sources other than the ECB is permitted if they meet representativeness requirements

A crude oil company inquires whether it may use the Bloomberg BFIX Frankfurt 2 PM exchange rate instead of the European Central Bank to calculate the VAT taxable base. The DGT responds that it is admissible provided that the source is representative, of widespread use, and used on a recurring basis.

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2017-10-16PublishedPublished 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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