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V3403-20 24 November 2020 · SG de Impuestos Especiales y de Tributos sobre el Comercio Exterior y sobre el Medio Ambiente Criterion in force
OTRO · iedmt

IEDMT tax base for exemption modification depends on whether the vehicle is new or used

A vehicle rental company has requested clarification on how to determine the IEDMT tax base when selling vehicles before the two-year exemption period ends. The DGT explains that the tax base will depend on whether the vehicles retain their status as new or are classified as used.

The question raised

Taxable Base of the IEDMT due to the modification of the determining requirements for the exemption.

The DGT's ruling

If the vehicle is new (less than 6 months of service or less than 6,000 km), the taxable base includes the price of the vehicle plus extras and incorporated accessories. If the vehicle is used (more than 6 months of service and more than 6,000 km), the base is its market value. In the latter case, ministerial valuation tables may be used to apply a 70% reduction if the vehicle was used for rental for more than six months.

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