Skip to content
V2823-23 ·17 October 2023 ·consulta-vinculante Medium impact
Tax

Retention guarantees must not be included in the VAT taxable base for advance payments

A construction company has enquired whether 5% retentions held as guarantees in work certificates should reduce the VAT taxable base. The DGT has ruled that these amounts are not considered effectively collected and must not be included in the taxable base when the tax is accrued via advance payments.

In 6 key points

Lifecycle

2023-10-17PublishedPublished 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