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V0196-26 ·30 January 2026 ·consulta-vinculante Low impact
Tax

The transfer of a commercial premises following an uninterrupted lease of more than two years is considered a second or subsequent delivery, being subject to but exempt from VAT

The local council inquires whether the sale of a commercial property following the exercise of a purchase option is exempt from VAT. The DGT specifies that the exemption only applies to financial leasing companies with contracts of at least ten years.

In 6 key points

How it affects those involved

The clarification limits VAT exemption to financial leasing companies with long-term contracts, affecting only specific types of businesses and transactions.

Lifecycle

2026-01-30PublishedPublished 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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