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V0715-16 23 February 2016 · SG de Impuestos sobre el Consumo Criterion in force
IVA · exención

Management and financing support services provided by a third party are subject to VAT

A crowdfunding platform enquired whether commissions for management and support services provided to SMEs were exempt from VAT. The DGT ruled that, as the platform is a third party distinct from the entity granting the credit, these services are subject to the tax.

The question raised

Exemption of the commission received for management and support services to small and medium-sized enterprises.

The DGT's ruling

Credit management services are only exempt when provided by those who granted them. Credit collection management operations carried out by a third party other than the holder are not financial in nature, but rather administrative management. Therefore, as the applicant is an entity different from the one granting the financing, its services are subject to and not exempt from VAT.

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