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V3722-15 ·25 November 2015 ·consulta-vinculante Medium impact
Tax

Transfer of land by a local authority in exchange for cash and premises is subject to VAT

A local authority transfers land via auction in exchange for a price and the future delivery of premises. The DGT has ruled that the transaction is subject to VAT as it is carried out in the course of a business activity involving the management of municipal land assets.

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2015-11-25PublishedPublished 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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