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V1568-21 ·25 May 2021 ·consulta-vinculante Medium impact
Tax

Termination of a plot sale is a modification of the tax base, not a new supply of goods

A local council sought guidance on the VAT treatment when a plot transfer transaction is terminated and the asset is returned. The DGT ruled that the return does not constitute a new taxable supply, but rather a modification of the tax base of the original transaction.

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2021-05-25PublishedPublished 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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