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V2722-20 ·4 September 2020 ·consulta-vinculante Medium impact
Tax

Transfer of premises via mandatory assignment of development rights subject to VAT if carried out by a business owner

A City Council has enquired whether the transfer of premises (equipment) resulting from the mandatory assignment of urban development rights is subject to VAT. The Directorate-General for Taxes (DGT) has ruled that, as this does not constitute a transfer of land under the Land Law regime, the transaction is subject to VAT provided the party transferring the premises is a business owner or professional.

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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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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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