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V2282-19 ·3 September 2019 ·consulta-vinculante Medium impact
Tax

Handover of dwellings following renovation may constitute first supplies subject to VAT if specific requirements are met

A company has requested a ruling on whether the transfer of dwellings following the renovation of common elements in a building constitutes a first supply of goods. The DGT indicates that if the qualitative and quantitative requirements for renovation are met, the supplies will be subject to VAT.

In 6 key points

How it affects those involved

This ruling clarifies the VAT treatment for property transfers following building renovations, distinguishing between exempt transfers and taxable first supplies based on the nature of the works performed.

Lifecycle

2019-09-03PublishedPublished 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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