Spanish Central Administrative Court (TEAC) sets criteria for applying use and enjoyment provision

On 28 March 2019, the Spanish Central Administrative Court (“TEAC“) published a judgment in which it sets out the different requirements that a transaction must satisfy in order to apply the use and enjoyment provision under the Spanish VAT Law. There is a limited number of judgments in which this provision is applied (none of which have been issued by a Tax Court) and thus the judgment is highly relevant in Spain.

Source Baker & McKenzie

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