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V2614-19 ·24 September 2019 ·consulta-vinculante Medium impact
Tax

Cancellation of previous land subdivision is subject to variable rate tax, but cancellation of new build status is not

A developer sought clarification on whether a deed to nullify a land subdivision and a 2006 new build declaration was subject to ITP and AJD taxes. The DGT ruled that the cancellation of the subdivision is subject to the variable rate, whereas the cancellation of the new build status carries no taxable value and is therefore not subject to tax.

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2019-09-24PublishedPublished 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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