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V2843-19 ·15 October 2019 ·consulta-vinculante Medium impact
Tax

Financial brokerage services are VAT exempt despite corporate links between parties

A banking entity inquired whether the VAT exemption on its financial mediation services remained valid if a corporate link existed between the mediator and one of the parties to the main contract. The DGT ruled that the exemption applies provided the mediation requirements are met, regardless of group relationships.

In 6 key points

How it affects those involved

This ruling provides legal certainty for financial groups, confirming that intra-group relationships do not disqualify mediation services from VAT exemption, provided the mediation criteria are satisfied.

Lifecycle

2019-10-15PublishedPublished 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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