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V2145-19 ·13 August 2019 ·consulta-vinculante Medium impact
Tax

Sale of urban land by an entrepreneur may be subject to VAT rather than Stamp Duty

A company dedicated to the exploitation of rural estates has enquired whether the sale of an urban plot is subject to VAT or Stamp Duty (ITP/AJD). The DGT has ruled that if the plot is used for business activities and does not benefit from an exemption as rural land, the transaction is subject to VAT and is excluded from Stamp Duty.

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2019-08-13PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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