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V3289-19 ·28 November 2019 ·consulta-vinculante Medium impact
Tax

VAT must be applied to the sale of a developed plot even if the seller has deregistered from the tax register

A developer who has retired and deregistered from the tax register enquires whether VAT must be applied to the sale of a plot of land. The DGT rules that, as long as the business assets have not been liquidated, the individual retains their status as a business owner and the sale remains subject to VAT.

In 6 key points

How it affects those involved

This ruling clarifies that retirement and tax deregistration do not automatically exempt a seller from VAT obligations if the business assets remain intact.

Lifecycle

2019-11-28PublishedPublished 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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