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V3529-19 ·23 December 2019 ·consulta-vinculante Medium impact
Tax

Income from economic activities is subject to Corporation Tax and subsidies linked to price are subject to VAT

A non-profit entity dedicated to the promotion of science enquires about its exemption from Corporation Tax and its liability for VAT. The DGT determines that income from economic activities is not exempt from Corporation Tax and that subsidies constituting consideration for cultural services are subject to VAT, even if they may be exempt due to the nature of the service.

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Lifecycle

2019-12-23PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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