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V3135-20 ·20 October 2020 ·consulta-vinculante Medium impact
Tax

Mediation in share sales is VAT exempt when acting as an independent third party

The consultation examines whether assistance and negotiation services in share sales are subject to VAT or exempt. The DGT rules that mediation is exempt if the provider acts as an independent third party bringing the parties together, whereas financial advisory services remain subject to the tax.

In 6 key points

How it affects those involved

This ruling clarifies the distinction between exempt mediation services and taxable financial advisory services, providing legal certainty for intermediaries in share transactions.

Lifecycle

2020-10-20PublishedPublished 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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