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V3287-14 ·9 December 2014 ·consulta-vinculante Medium impact
Tax

Leasing of a business is subject to Corporation Tax withholding and the standard 21% VAT rate

A company has enquired whether its activity shifts from leasing premises to leasing a business when it assumes management and personnel costs. The DGT has determined that the operation qualifies as a business lease and must apply Corporation Tax withholding, unless it constitutes an economic activity with its own structure.

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2014-12-09PublishedPublished 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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