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V3293-19 ·28 November 2019 ·consulta-vinculante Medium impact
Tax

A non-cash contribution of a deposit agreement by a pure holding may be exempt from VAT

A Luxembourg-based holding company intends to make a non-cash contribution of a deposit agreement to its Spanish subsidiary. The DGT determines that, as a pure holding with no involvement in the management of its subsidiaries, it does not act as a trader and the transaction is not subject to VAT.

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2019-11-28PublishedPublished 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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