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V4119-15 ·21 December 2015 ·consulta-vinculante Medium impact
Tax

Sports services provided by a commercial company may be VAT exempt if deemed a social entity

A commercial company offering sports services has queried whether it can be classified as a social entity to qualify for VAT exemption. The DGT ruled that, despite being a limited company, it may be considered non-profit if it does not seek profits for its members and allocates any surpluses to its social purpose.

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2015-12-21PublishedPublished 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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