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V0596-26 13 March 2026 · SG de Impuestos sobre el Consumo Criterion in force
IVA · mediación

Mortgage credit mediation service exempt from VAT

The consultant asks whether their mediation role in mortgage credit transactions between a fund and an investor is VAT-exempt. The DGT determines that, as the activity involves contact, negotiation and formalisation, it constitutes VAT-exempt mediation.

The question raised

Whether the service provided by the applicant is an intermediation service subject to and exempt from Value Added Tax.

The DGT's ruling

Exempt mediation requires that the provider be an independent third party and that their functions exceed the mere provision of information. For mediation to exist, the professional must perform an active activity of client acquisition, analysis, or filtering. In this case, by putting the parties in contact, negotiating terms, and formalizing the operation, the service is classified as mediation subject to and exempt from tax.

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