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V0274-23 ·15 February 2023 ·consulta-vinculante Medium impact
Tax

Farmland sale by farmer may be VAT-exempt if conditions met

A farmer under the special agricultural regime enquired whether the sale of a rural plot was subject to VAT and whether Form 347 had to be filed. The DGT responds that the transaction is exempt if the land is not buildable and essential for the farm operation, but the taxpayer must file the annual declaration of third-party transactions if the thresholds are exceeded.

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2023-02-15PublishedPublished 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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