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V0542-17 ·2 March 2017 ·consulta-vinculante Medium impact
Tax

Reversion of free-of-charge land is not subject to VAT or ITPAJD, but is subject to IIVTNU (with exemption)

A local council intends to exercise its right of reversion over land granted free of charge for social housing. The DGT rules that reversion does not constitute a supply of goods subject to VAT, nor an onerous transfer for ITPAJD purposes, although it does trigger IIVTNU.

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2017-03-02PublishedPublished 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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