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V2877-19 ·18 October 2019 ·consulta-vinculante Medium impact
Tax

No rectification of VAT for purchase options and rents upon exercising the right to buy a property

A company inquired whether, upon exercising a purchase option, it should rectify the VAT on the option premium and the rents paid, given that these are deducted from the final price. The DGT ruled that this is not appropriate because these operations constitute service provisions independent of the future delivery of the property.

In 6 key points

How it affects those involved

The ruling clarifies that option premiums and rents are treated as separate service provisions, preventing taxpayers from adjusting VAT once the property purchase is finalised.

Lifecycle

2019-10-18PublishedPublished 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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