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V2842-21 ·16 November 2021 ·consulta-vinculante Medium impact
Tax

Transfers due to reduction in remuneration for electricity producers are not subject to VAT

The applicant inquired whether settlements resulting from the reduction in remuneration for electricity producers (under Royal Decree-Law 17/2021) are subject to VAT. The Directorate-General for Taxes (DGT) ruled that these payments do not constitute consideration for services, but are rather transfers of funds mandated by law to ensure market operation.

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2021-11-16PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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