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V1037-21 ·21 April 2021 ·consulta-vinculante Medium impact
Tax

A local council may deduct VAT on urbanisation if used for taxable operations

A local council asks whether VAT paid on an urbanisation project and future expenses can be deducted. The DGT responds that deductions are allowed if the amounts are allocated to operations generating the right to deduction, such as land transfers.

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Lifecycle

2021-04-21PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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