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V2353-22 ·14 November 2022 ·consulta-vinculante Medium impact
Tax

Allocation of housing from a joint venture to its founding members is taxed as a first supply for VAT purposes

A joint venture (UTE) developing housing for protected rental seeks clarification on whether allocating these properties to its founding members constitutes a supply of goods and which VAT rate applies. The Directorate General for Taxes (DGT) rules that the joint venture is a taxable person and the allocation constitutes a first supply subject to VAT.

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2022-11-14PublishedPublished 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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