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V1799-24 ·18 July 2024 ·consulta-vinculante Medium impact
Tax

Reduced 10% VAT rate applies to garage space and storage room acquired individually alongside a dwelling

An individual queried whether a parking space and a storage room, purchased by a single spouse in the same transaction as a joint home, could qualify for the reduced VAT rate. The Directorate-General for Taxes (DGT) ruled that the 10% rate is applicable provided the transfer occurs in the same transaction and within the same building as the dwelling.

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2024-07-18PublishedPublished 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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