Skip to content
V3300-17 ·27 December 2017 ·consulta-vinculante Medium impact
Tax

Resolution of land swap for future construction allows VAT rectification via credit note

A query was raised regarding the VAT implications when a land swap contract for future construction is judicially rescinded. The DGT ruled that the return of the land does not constitute a new taxable supply, but rather a resolution that requires the rectification of the initial tax treatment.

In 6 key points

Lifecycle

2017-12-27PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact