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V2924-23 ·31 October 2023 ·consulta-vinculante Medium impact
Tax

Transfer of a building intended for demolition and new development is subject to VAT

A property developer has requested clarification on whether the transfer of an urban plot intended for demolition and urbanisation is subject to or exempt from VAT. The DGT has ruled that if the purpose is demolition for a new development, the transaction is subject to VAT and does not qualify for exemption.

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2023-10-31PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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