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V0474-17 ·23 February 2017 ·consulta-vinculante Medium impact
Tax

Transfer of social housing by a local council may be subject to 4% VAT if acting as a developer

A local council seeks clarification on the VAT treatment of transferring social housing after assuming the assets and liabilities of the municipal company that developed it. The Directorate General for Taxes (DGT) rules that the transaction is subject to VAT, with the rate depending on whether the council is deemed a developer and the specific classification of the housing.

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2017-02-23PublishedPublished 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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