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V0988-22 ·5 May 2022 ·consulta-vinculante Medium impact
Tax

The supply of land may be exempt from VAT if material urbanization works have not commenced

A real estate developer inquires whether the acquisition of non-consolidated urban land containing ruined dwellings for the purpose of urbanization is exempt from VAT. The DGT responds that the exemption depends on whether material works of physical transformation have commenced or whether the transferor has incurred urbanization costs.

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2022-05-05PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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