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V1751-21 ·4 June 2021 ·consulta-vinculante Medium impact
Tax

Land swaps between a local council and a commercial entity are subject to 21% VAT

A local council consulted on the VAT treatment of a land swap with a real estate company for the construction of a funeral parlour. The DGT ruled that the transaction is subject to tax because both parties are acting as business entities and the plots are buildable.

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2021-06-04PublishedPublished 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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