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V0157-20 ·21 January 2020 ·consulta-vinculante Medium impact
Tax

Delivery of developable land without urbanisation works may be VAT-exempt

A company asks whether the acquisition of developable land as payment for a debt is VAT-exempt or falls under the passive investor investment rule. The DGT states that, since no material urbanisation works have been started, the delivery is VAT-exempt.

In 6 key points

How it affects those involved

The delivery of developable land without urbanisation works is exempt from VAT.

Lifecycle

2020-01-21PublishedPublished 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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