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Practical Handbook VAT 2021

Waiver of exemption

El transmitente puede renunciar a esta exención cuando concurran las condiciones siguientes:

  1. En caso de entregas de oro de inversión:

    1. Que el transmitente se dedique de forma habitual a la realización de actividades de producción de oro de inversión o de transformación de oro que no sea de inversión en oro de inversión.

    2. Que la entrega respecto de la que se efectúa la renuncia a la exención tenga por objeto oro de inversión resultante de las actividades citadas en la letra a) anterior.

    3. The buyer is a business or professional acting as such.

    The exemption waiver is carried out for each transaction carried out by the transferor, and must be communicated to the buyer in writing in advance, or at the time of the supply. Asimismo, deberá comunicarle por escrito que la condición de sujeto pasivo recae sobre el adquirente.

  2. En caso de servicios de mediación en nombre y por cuenta ajena en las operaciones exentas:

    1. The recipient of the service is a business or professional acting as such.

    2. The exemption corresponding with the supply of investment gold, which is the purpose of the mediation service, is waived.

    The exemption waiver is carried out for each transaction carried out by the service provider, which must be in possession of a document signed by the recipient of the service, declaring that the waiver has been applied in the supply of gold or the mediation service.