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V1936-18 ·29 June 2018 ·consulta-vinculante Medium impact
Tax

Sale of parking spaces by a homeowners' association subject to 21% VAT

A homeowners' association has requested clarification on whether the sale of parking spaces located in common areas is subject to VAT and which rate applies. The Directorate-General for Taxes (DGT) has ruled that the association acts as an occasional entrepreneur through property development and must apply the general rate of 21%, as the spaces are not being transferred jointly with residential dwellings.

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2018-06-29PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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