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V3293-14 ·9 December 2014 ·consulta-vinculante Medium impact
Tax

Delivery of buildings under construction is subject to VAT and does not benefit from the second delivery exemption

The applicant asks whether the purchase of a property from SAREB is subject to VAT or Transfer Tax (ITP). The DGT rules that the exemption for second and subsequent deliveries only applies if the building is completed, and that the delivery of works under construction is subject to VAT.

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Lifecycle

2014-12-09PublishedPublished 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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