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V0226-20 ·3 February 2020 ·consulta-vinculante Medium impact
Tax

Registration under building promotion heading not required if the purpose is rental

An individual plans to construct an industrial warehouse to subsequently lease to their own company. The DGT has ruled that registration under the building promotion heading is not required because the objective is rental rather than sale.

In 6 key points

How it affects those involved

This ruling clarifies the tax obligations for individuals undertaking construction projects intended for lease rather than sale, potentially reducing unnecessary administrative and tax burdens.

Lifecycle

2020-02-03PublishedPublished 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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