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V2603-17 ·13 October 2017 ·consulta-vinculante Medium impact
Tax

Sale of plots may be taxed as capital gains or business activity depending on management and costs

A rural plot owner asks whether urbanising their land through an agreement with the City Council turns a subsequent sale into a business activity and if it is subject to VAT. The DGT responds that it depends on whether the owner bears the urbanisation costs and the management of the land.

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2017-10-13PublishedPublished 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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