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V2300-22 ·31 October 2022 ·consulta-vinculante Medium impact
Tax

Income tax and VAT on land transfers depend on economic activity and land status

An owner of urban land seeks clarification on how the transfer of plots following a subdivision and development process under a cooperation system will be taxed. The DGT clarifies that Income Tax (IRPF) treatment depends on whether a real estate development activity exists, while VAT depends on the timing of the transfer and the payment of development costs.

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2022-10-31PublishedPublished 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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