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V0595-20 ·16 March 2020 ·consulta-vinculante Medium impact
Tax

Homeowners' associations may deduct VAT on services related to their own business activities

A homeowners' association renting out garage spaces has enquired whether it can deduct VAT on its expenses. The DGT has ruled that while VAT on services directly related to the rental activity is deductible, VAT on common maintenance expenses is not, as the association acts as the final consumer in those instances.

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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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