Skip to content
V2859-15 ·5 October 2015 ·consulta-vinculante Medium impact
Tax

VAT accrues upon the transfer of the client portfolio and Personal Income Tax may be imputed based on collections if the price is deferred

A professional transferring their client portfolio for a variable price based on future profits asks when the amounts must be declared. The DGT indicates that VAT accrues at the time of the transfer and that, for Personal Income Tax, the gain may be imputed according to collections if the price is deferred.

In 6 key points

Lifecycle

2015-10-05PublishedPublished 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