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V3250-18 ·20 December 2018 ·consulta-vinculante Medium impact
Tax

Transfer of hotel property without operational management is subject to VAT

A company queried whether the acquisition of a property intended for hotel use, including furniture and licences but excluding staff management and goodwill, constitutes an autonomous economic unit. The DGT ruled that, as the ownership is separated from the operational management, it constitutes a mere transfer of assets subject to VAT.

In 6 key points

How it affects those involved

This ruling clarifies that the sale of hotel assets without the accompanying business operations does not qualify as a transfer of a business unit, thereby triggering VAT liability instead of the exemptions applicable to business transfers.

Lifecycle

2018-12-20PublishedPublished 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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