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V0987-23 ·20 April 2023 ·consulta-vinculante Medium impact
Tax

Sale of land undergoing development is exempt from VAT if the party is not considered a business entity

An individual has queried whether the sale of land received through a partner's separation is subject to VAT and if they can deduct the tax incurred. The DGT has ruled that VAT liability depends on whether the individual holds the status of a businessperson or professional, which is determined by the intention to sell and the bearing of development costs.

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2023-04-20PublishedPublished 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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