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V1955-23 ·6 July 2023 ·consulta-vinculante Medium impact
Tax

Sale of land classified as building plots is subject to VAT, even after requesting deregistration

A real estate development company inquired whether the sale of two building plots from its business assets is subject to VAT after having requested deregistration from the tax register. The DGT ruled that the exemption does not apply to the supply of land classified as building plots or developable land; therefore, it is subject to VAT.

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2023-07-06PublishedPublished 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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