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V2932-21 ·19 November 2021 ·consulta-vinculante Medium impact
Tax

Transfer of a set of elements constituting an autonomous economic unit is not subject to VAT

A commercial entity has enquired whether the transfer of life insurance policies, applications, furniture, personnel, and lease and service contracts is subject to VAT. The DGT has ruled that, as the operation is accompanied by an organisational structure of production factors, it is not subject to the tax.

In 5 key points

How it affects those involved

This ruling clarifies that the transfer of a business as a going concern, rather than a mere sale of individual assets, falls outside the scope of VAT.

Lifecycle

2021-11-19PublishedPublished 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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