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V1866-23 ·27 June 2023 ·consulta-vinculante Medium impact
Tax

Transfer of urbanised land by a local authority is subject to VAT and does not qualify for exemption

A local authority has requested clarification on whether the transfer of land divided into developable plots and a green area is subject to or exempt from VAT. The Directorate General of Taxes (DGT) has ruled that the transaction is subject to VAT as it forms part of the municipal land assets and the exemption does not apply because the land is urbanised.

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2023-06-27PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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