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V2672-18 ·2 October 2018 ·consulta-vinculante Medium impact
Tax

Sale of industrial land without payment of development costs is not subject to VAT

A co-owner of industrial land wishes to transfer their share before development works begin. The DGT rules that, as development costs have not been paid and the individual does not hold the status of a business person, the transaction is not subject to VAT.

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2018-10-02PublishedPublished 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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