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V2831-15 ·29 September 2015 ·consulta-vinculante Medium impact
Tax

VAT accrual occurs when amounts required to achieve guaranteed returns become payable

A company has requested clarification on when VAT should accrue under a contract designed to guarantee the profitability of a commercial premises. The Directorate General for Taxes (DGT) has ruled that the tax accrues at the moment the amounts necessary to achieve said profitability become due.

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2015-09-29PublishedPublished 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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