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V0361-22 ·24 February 2022 ·consulta-vinculante Medium impact
Tax

Expropriation of land designated as building plots is subject to VAT, which is not included in the fair price

A real estate developer has enquired whether the expropriation of urban land is subject to VAT and how a potential price increase would affect it. The Directorate-General for Taxes (DGT) has ruled that the transaction is subject to the tax and that the fair price (justiprecio) must not include the VAT amount.

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2022-02-24PublishedPublished 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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