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V0950-24 ·30 April 2024 ·consulta-vinculante Medium impact
Tax

Purchase of a garage by an individual may be subject to ITP if the transaction is exempt from VAT

An individual acquired a parking space at auction and paid both VAT and ITP. The DGT clarifies that if the transfer constitutes a second delivery of a building, it is subject to but exempt from VAT, which necessitates taxation via ITP.

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2024-04-30PublishedPublished 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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