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V4131-16 ·27 September 2016 ·consulta-vinculante Medium impact
Tax

Transfer of land under development in settlement of urbanisation levies is subject to VAT, not ITP

A landowner in a development area transfers plots to a developer to settle urbanisation levies. The DGT has ruled that the transaction is subject to VAT at 21% rather than ITP, although it may be subject to Stamp Duty (AJD).

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2016-09-27PublishedPublished 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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