Skip to content
V1661-22 ·11 July 2022 ·consulta-vinculante Medium impact
Tax

Transfer of a ruinous property by a company may be VAT exempt depending on the nature of the land and building

A local council has requested a ruling regarding the VAT liability and exemptions applicable when acquiring a property of cultural interest in a ruinous state. The DGT indicates that the exemption will depend on whether the land is rural or non-buildable, or whether the transaction constitutes a second or subsequent transfer of a building.

In 6 key points

Lifecycle

2022-07-11PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact