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V2522-23 ·21 September 2023 ·consulta-vinculante Medium impact
Tax

Leasing of tourist apartments may be subject to VAT depending on the activity and services provided

The Spanish Tax Agency (DGT) determines that a foreign investor is a VAT entrepreneur and that the lease is subject to VAT because the manager sublets the property for commercial purposes.

In 6 key points

How it affects those involved

The lease arrangement is subject to VAT as it constitutes commercial activity through subletting, classifying the foreign investor as a VAT entrepreneur.

Lifecycle

2023-09-21PublishedPublished 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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