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V0478-19 ·6 March 2019 ·consulta-vinculante Medium impact
Tax

Sale of developed land by a co-owner is subject to VAT

A co-owner of a developed plot has requested a ruling regarding the taxation of the allocation of shares and the subsequent sale of the property. The DGT has determined that, as the community does not jointly assume risk, each co-owner is considered an individual entrepreneur and the transactions are subject to VAT.

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Lifecycle

2019-03-06PublishedPublished 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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