Skip to content
V1680-20 ·29 May 2020 ·consulta-vinculante Medium impact
Tax

VAT taxable base for leases includes debt assumed by the lessee for financed works

An individual leases a property for a holiday village and agrees that the lessee will finance certain works in exchange for a reduction in annual rent over seven years. The DGT has ruled that the VAT taxable base is the total agreed amount, which includes the portion of the debt assumed by the lessee for the works.

In 6 key points

Lifecycle

2020-05-29PublishedPublished 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