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V0650-22 ·25 March 2022 ·consulta-vinculante Medium impact
Tax

Application of passive investor rule in transfer of buildable land by debt extinguishment

A company asks whether the transfer of land in settlement of a debt triggers the passive investor rule. The DGT responds that, as the land is buildable, the transaction is subject to VAT and the passive investor rule may apply if the property is subject to a real guarantee and the buyer is a businessperson or professional.

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2022-03-25PublishedPublished 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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