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V0029-20 ·9 January 2020 ·consulta-vinculante Medium impact
Tax

Sale of urban land (building plot) subject to 21% VAT and ineligible for non-buildable land exemption

A property developer has enquired whether the sale of urban land to another entity is exempt from VAT. The DGT has ruled that, as the land is a buildable plot, the transaction is subject to VAT at the standard rate.

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2020-01-09PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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