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V1802-24 ·18 July 2024 ·consulta-vinculante Medium impact
Tax

Transfer of buildable land is subject to 21% VAT and allows for input tax deduction

A company has requested a ruling on whether the purchase of an industrial plot for the construction of a warehouse is subject to VAT and when the tax can be deducted. The DGT has determined that, as it is buildable land, the transaction is subject to VAT and explains the rules for exercising the right to deduction.

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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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