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V2775-21 ·11 November 2021 ·consulta-vinculante Medium impact
Tax

Sale of machinery affecting economic activity is subject to VAT and generates capital gains or losses for Income Tax

An entrepreneur under the objective estimation scheme enquires about the taxation of the sale of their machinery. The DGT rules that the transaction is subject to VAT and that the transfer generates a capital gain or loss for Income Tax purposes.

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2021-11-11PublishedPublished 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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