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V3303-20 ·6 November 2020 ·consulta-vinculante Medium impact
Tax

Mediation in loans and insurance may be VAT exempt if the agent provides active advice, negotiation, or client acquisition

A credit institution has enquired whether the work of an agent marketing combined mortgage loans and insurance is exempt from VAT. The DGT has determined that the exemption depends on whether the agent performs active mediation or is limited to the mere provision of information.

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Lifecycle

2020-11-06PublishedPublished 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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