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V3481-19 ·20 December 2019 ·consulta-vinculante Medium impact
Tax

Sale of land classified as developable land is subject to the standard 21% VAT rate

An entrepreneur inquired about the VAT rate applicable to the sale of an urban plot to an individual for the construction of a dwelling. The Directorate-General for Taxes (DGT) ruled that, as the land is classified as developable, the exemption does not apply and it must be taxed at the standard rate.

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2019-12-20PublishedPublished 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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