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V0919-19 ·29 April 2019 ·consulta-vinculante Medium impact
Tax

Transfer of an estate in insolvency proceedings is subject to VAT if it is land under development and used for business activities

A query was raised regarding the taxation of the sale of an estate in insolvency proceedings where part of the debt is forgiven. The DGT determines that the transaction is subject to VAT if the property is used for business activities and is land under development, with the purchaser being the taxable person.

In 6 key points

Lifecycle

2019-04-29PublishedPublished 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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