Skip to content
V0478-21 ·4 March 2021 ·consulta-vinculante Medium impact
Tax

Transfer of a leased property held for over two years constitutes a second supply exempt from VAT and subject to ITPAJD

A property developer and lessee has requested clarification on whether the sale of a building leased for more than two years is subject to VAT or ITPAJD. The DGT has determined that, as the property has been used for leasing for over two years, it constitutes a second supply exempt from VAT, thereby making it subject to ITPAJD.

In 6 key points

Lifecycle

2021-03-04PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact