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V0558-22 ·18 March 2022 ·consulta-vinculante Medium impact
Tax

Property development via commercial premises renovation classified as economic activity rather than capital gains

A property owner renovates a commercial premises to construct and sell two dwellings. The DGT has ruled that this constitutes an economic activity; therefore, the sale generates income from economic activities instead of capital gains.

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2022-03-18PublishedPublished 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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