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V1755-18 ·18 June 2018 ·consulta-vinculante Medium impact
Tax

Sale of stock following cessation of activity remains subject to VAT if effective cessation and liquidation of assets have not occurred

A retiree enquired whether the sale of his timber stock following the cessation of his business activity was subject to VAT. The DGT ruled that business status is maintained until effective cessation and deregistration from the census take place; therefore, the sale of stock remains subject to the tax.

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Lifecycle

2018-06-18PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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