VAT and the Activity of Research and Development – Recent Approaches by the Spanish Courts and the ECJ

In this article, the author analyses the VAT treatment of research and development activities and how recent Court decisions in Spain have dealt with certain issues related to such transactions. The author provides generic definitions of the different types of research activities for a better understanding of the debate, and analyses the VAT treatment of the specific situation of R&D activities carried out by Universities and by entities devoted specifically to those activities.