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V0221-19 1 February 2019 · SG de Impuestos sobre el Consumo Criterion in force
IVA · micromecenazgo

Invoicing required if crowdfunding contributions are consideration for goods or services

A query was raised regarding whether it is mandatory to issue invoices for contributions made by donors in a reward-based crowdfunding project. The DGT ruled that if contributions serve as consideration for receiving goods (such as toys), the transaction is subject to VAT and must be invoiced; if they are donations made without receiving anything in return, they are not subject to the tax.

The question raised

The obligation to issue an invoice for the contributions made by donors to the project is questioned.

The DGT's ruling

If the users' contributions constitute consideration for goods or services received, the transaction is subject to VAT and the promoter must charge the tax on the invoice. Conversely, if the amounts are provided without receiving goods or services, there is no consideration or act of consumption, and therefore they are not subject to the tax. In the case of simplified invoices for amounts under 400 euros, it is not mandatory to identify the recipient unless they so request.

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