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V0562-18 ·27 February 2018 ·consulta-vinculante Medium impact
Tax

VAT accrual for land exchange occurs upon making it available, including via private contract

A company requested clarification regarding VAT accrual in a land exchange for future construction following a contract novation. The DGT ruled that the transfer of land constitutes a payment in kind and accrues when the asset is made available to the acquirer.

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2018-02-27PublishedPublished 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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