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V0171-14 ·27 January 2014 ·consulta-vinculante Medium impact
Tax

Reversion of property due to consortium liquidation is not deemed a transfer of an economic unit for VAT exemption purposes

A university consortium in liquidation has requested a ruling on whether the reversion of property to the contributing local authority is exempt from VAT as a transfer of an economic unit, and how it is taxed under ITPAJD. The DGT has determined that this constitutes a mere transfer of assets without an organisational structure and has analysed the ITPAJD exemption applicable to the local authority.

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2014-01-27PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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