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V1628-17 ·22 June 2017 ·consulta-vinculante Medium impact
Tax

Sale of developed land is not subject to VAT if intent to sell is not proven at the time of development costs

A landowner seeks clarification on whether the sale of a rustic estate that has undergone development is subject to VAT. The DGT rules that it is not, provided the owner did not act as a businessperson or professional, which depends on whether there was an intent to sell at the time the development costs were paid.

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2017-06-22PublishedPublished 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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