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V1335-17 ·31 May 2017 ·consulta-vinculante Medium impact
Tax

Transfer of a portion of real estate does not constitute an autonomous economic unit and is subject to VAT

A company acquired a 43.6% stake in a shopping centre and will terminate the current management contract. The DGT has ruled that, as it is not a majority stake and relies on third-party common services, the transaction is a mere transfer of assets subject to VAT, rather than a transfer of a business unit which would be exempt.

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2017-05-31PublishedPublished 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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