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V3201-21 ·23 December 2021 ·consulta-vinculante Medium impact
Tax

The land may be subject to 10% VAT if it is considered part of a single operation for the delivery of a completed dwelling

A taxpayer asks which VAT rate applies to the purchase of land and the subsequent construction of a dwelling by the same company. The DGT indicates that the sale of the land is subject to 21%, but if it is demonstrated that it is a single economic operation to deliver the completed dwelling, the reduced rate of 10% shall apply to the entire set.

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2021-12-23PublishedPublished 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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