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V3089-15 ·14 October 2015 ·consulta-vinculante Medium impact
Tax

Resolution of a non-monetary contribution via insolvency clawback requires rectification of VAT charged

A company contributed real estate to another entity, but the transaction was rescinded following an insolvency clawback claim. The DGT ruled that this does not constitute a new supply of goods, but rather a rectification of the original transaction.

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2015-10-14PublishedPublished 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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