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A private individual asks whether VAT can be deducted on renovation works of a property to be rented to a company for tourism use. The DGT responds that the operation is subject to VAT and not exempt, allowing VAT deduction on the works.
VAT deduction is permitted on renovation works when property is leased to a company for tourism use, as the activity is considered economic and subject to VAT.
The tax team reviews your specific situation.
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