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V1653-14 ·27 June 2014 ·consulta-vinculante Medium impact
Tax

Sale of commercial premises after two years of lease without purchase option may be VAT exempt

A developer has enquired whether the sale of commercial premises, following a lease of more than two years without a purchase option, is subject to VAT or constitutes a second exempt supply. The DGT has ruled that, as the purchaser is a different person from the one who used the property, the transaction qualifies as a second exempt supply.

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2014-06-27PublishedPublished 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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