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V1147-18 7 May 2018 · SG de Impuestos sobre el Consumo Criterion in force
IVA · custodia de valores

Securities custody services provided to a resident in the Canary Islands are subject to VAT

An individual resident in the Canary Islands has enquired whether a bank's electronic securities custody services are subject to VAT. The DGT has determined that the service is located within the territory where the tax applies and that custody services are not exempt.

The question raised

Cuestión planteada Localización de dichos servicios.

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