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V0524-21 ·9 March 2021 ·consulta-vinculante Medium impact
Tax

Sale of a plot of land by a company is subject to 21% VAT if purchased from a supplier other than the builder

An individual inquired whether purchasing a plot of land for their primary residence constituted a single transaction combined with turnkey construction. The DGT ruled that, as the suppliers are different entities, the delivery of the plot is an independent transaction subject to the standard 21% VAT rate.

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2021-03-09PublishedPublished 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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