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V2672-21 ·5 November 2021 ·consulta-vinculante Medium impact
Tax

Sale of a building by a co-ownership may be subject to VAT or ITPAJD

A co-ownership queries whether the sale of an industrial building to a co-operative is subject to VAT or ITPAJD, and whether it can waive the exemption. The DGT explains that VAT applicability depends on whether the co-ownership acts as a trader or professional, and that if the transaction is exempt from VAT, ITPAJD applies.

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2021-11-05PublishedPublished 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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