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V1686-18 ·13 June 2018 ·consulta-vinculante Medium impact
Tax

Transfer of housing following termination of a deferred access contract is considered a first supply subject to VAT

A non-profit entity has requested clarification regarding VAT taxation when a third party subrogates into a deferred access property contract or when the contract is terminated. The DGT clarifies that the tax liability arises upon taking possession and that the termination of the contract does not render the subsequent transfer a second exempt supply.

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2018-06-13PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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