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V1468-26 ·11 June 2026 ·consulta-vinculante Medium impact
Tax

Subject passive investment applies to social housing construction; no VAT deduction possible

A municipality inquires about VAT on social rental housing construction and its IAE obligation. The DGT confirms that subject passive investment applies to the works, but no VAT deduction is allowed as the activity is exempt, and the municipality is exempt from IAE.

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2026-06-11PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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