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V2839-16 ·21 June 2016 ·consulta-vinculante Medium impact
Tax

Excise duty exemption denied if owner retains right of use of the vessel

A company inquired whether its vessel for nautical charter could be exempt from excise duty. The DGT ruled that it cannot, as the contract allows the owner to reserve the vessel at a discount, which constitutes a right of use.

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2016-06-21PublishedPublished 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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