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V1831-25 ·13 October 2025 ·consulta-vinculante Low impact
Tax

Sale of land by a bank subject to 21% VAT, not exempt

A physical person enquires whether purchasing land from a bank for private use is exempt from VAT. The DGT responds that, as the land is classified as a plot, the transaction is subject to VAT and not exempt.

In 6 key points

How it affects those involved

The transaction of buying land from a bank for private use is subject to 21% VAT and does not benefit from exemption.

Lifecycle

2025-10-13PublishedPublished 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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