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V1941-24 ·9 September 2024 ·consulta-vinculante Medium impact
Tax

Transfer of property via capital reduction is subject to VAT and may be exempt as a subsequent delivery

The taxpayer seeks clarification on the VAT liability and exemptions regarding the transfer of a property from a subsidiary company to the taxpayer (via capital reduction) and subsequently from the taxpayer to an educational centre. The DGT rules that the transaction is subject to VAT as it does not constitute an autonomous economic unit; however, the transfer of the property could be exempt as it constitutes a second or subsequent delivery of a building.

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2024-09-09PublishedPublished 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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