Skip to content
Back to index
V0785-16 26 February 2016 · SG de Impuestos sobre el Consumo Criterion in force
IVA · tipo impositivo

Parking spaces on the same plot as a dwelling taxed at 10% if transferred jointly

A developer has enquired whether pre-existing parking spaces can be sold as annexes to new dwellings to qualify for the reduced tax rate. The Directorate General for Taxes (DGT) has ruled that this is possible provided they are transferred simultaneously and the spaces are located on the same plot as the building and its common areas.

The question raised

Applicable tax rate.

The DGT's ruling

The transfer of parking spaces is taxed at 10% if they do not exceed two units, are transferred jointly with dwellings in the same act, and are located on the surface or underground of the same plot as the buildings and common areas. If the spaces are on different plots with independent access, they will be taxed at 21%. If the requirements of simultaneity or location are not met, the dwelling is taxed at 10% and the garage at 21%.

Book your free first meeting