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V2893-19 ·21 October 2019 ·consulta-vinculante Medium impact
Tax

VAT on the first property transfer must be rectified if the second transfer is exempt

A company acquired a property for renovation (paying VAT) but ultimately sold it to a university without performing any works. The DGT clarifies whether the VAT from the initial purchase must be rectified and the procedure for doing so.

In 6 key points

Lifecycle

2019-10-21PublishedPublished 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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