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V1281-21 ·6 May 2021 ·consulta-vinculante Medium impact
Tax

Transfer of land classified as developable plots subject to 21% VAT rate

A query was raised regarding the VAT rate applicable to the purchase of an urban plot for the construction of a single-family home. The DGT has determined that, as the land is classified as a developable plot, the transaction is subject to VAT and does not qualify for the exemption applicable to non-buildable land.

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2021-05-06PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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