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V2938-21 ·19 November 2021 ·consulta-vinculante Medium impact
Tax

Transferring business premises to personal ownership constitutes self-supply subject to VAT, but may be exempt as a second supply

A carpentry professional has enquired about the taxation of premises acquired through leasing that they wish to transfer to their personal assets for use as a residence. The DGT indicates that this transfer constitutes a self-supply of goods subject to VAT, but will be exempt as it is considered a second supply of a building.

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2021-11-19PublishedPublished 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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