The contested ruling concluded that when a public service is offered or an activity of general interest is carried out that does not have specific recipients identified in advance, but is aimed at the community in general, transactions subject to VAT are not generated because the legal link in which reciprocal supplies are exchanged is… Continue reading Tax advisor: Do subsidies to intercity public transport affect the VAT taxable base?
Tag: subsidies
Tax advisor: The possibility of seizure of the 200 euros subsidy for people with low incomes is discussed
The Directorate General of Taxes has analyzed the possibility of garnishing the 200 euro subsidy aimed at low-income individuals following a recent binding consultation. The starting point is article 169.5 of the General Tax Act, which indicates that goods or rights that are considered unseizable by law, as well as those whose sale cost could… Continue reading Tax advisor: The possibility of seizure of the 200 euros subsidy for people with low incomes is discussed