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V2325-21 ·16 August 2021 ·consulta-vinculante Medium impact
Tax

The purchase of an urban plot by a company is subject to 21% VAT, unless it constitutes a global operation for the delivery of housing

Private individuals inquire whether the purchase of an urban plot for the construction of their primary residence may be subject to 10% VAT. The DGT responds that, as it is unbuilt land, the applicable rate is the general rate of 21%, unless the sale is part of a single operation for the delivery of finished housing.

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2021-08-16PublishedPublished 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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