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V1215-14 ·6 May 2014 ·consulta-vinculante Medium impact
Tax

Adjudicatario in execution mortgage is liable if passive subject investment applies

An entity asks whether the award of a quarry via mortgage enforcement is subject to VAT and who the liable party is. The DGT states that the operation is subject to VAT if the property was used for business activity, and if the exemption for rural land is waived, the award recipient becomes the liable party for investment.

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2014-05-06PublishedPublished 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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