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V0583-20 ·16 March 2020 ·consulta-vinculante Medium impact
Tax

Land sales may be subject to VAT if the owner incurs development costs and intends to sell

A landowner wishes to subdivide an urban plot for individual sale. The DGT examines whether the transaction is subject to VAT or Transfer Tax (ITP/AJD), depending on the seller's status as a business entity and the level of land development.

In 6 key points

Lifecycle

2020-03-16PublishedPublished 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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