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V3270-20 ·30 October 2020 ·consulta-vinculante Medium impact
Tax

Sale of urbanised plots by owners bearing urbanisation costs is subject to VAT

Consultants who inherited bare ownership and usufruct of plots wish to sell them after paying for urbanisation. The DGT rules that, by bearing urbanisation costs with the intent to sell, they acquire the status of entrepreneurs, making the sale of the urbanised plots subject to VAT at 21%.

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2020-10-30PublishedPublished 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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