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V2719-20 ·4 September 2020 ·consulta-vinculante Medium impact
Tax

Deductibility of VAT on property purchases depending on use and activity

A company that rents out and sells offices and premises, and also acts as a real estate intermediary, seeks clarification on the deductibility of VAT incurred on property acquisitions. The DGT states that deductibility will depend on whether the properties are used in operations entitled to deduction, such as office leasing or real estate brokerage.

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2020-09-04PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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