Skip to content
V2448-19 ·13 September 2019 ·consulta-vinculante Medium impact
Tax

Transfer of a building under construction is subject to the standard 21% VAT rate

A taxpayer intends to acquire a property currently under construction for the self-build of their main residence. The DGT has ruled that, as the works are not yet complete, neither the exemption for the first supply nor the reduced VAT rate applies.

In 6 key points

How it affects those involved

This ruling clarifies that properties under construction do not qualify for reduced VAT rates or specific exemptions, meaning the standard rate applies to the transaction.

Lifecycle

2019-09-13PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact