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V2646-20 13 August 2020 · SG de Impuestos sobre el Consumo Criterion in force
IVA · urbanización de terrenos

Sale of a developed plot subject to VAT if seller is a business or professional

The consultant asks about VAT obligations when selling a plot from an urbanisation. The DGT responds that if the transaction takes place within a business or professional activity, the sale is subject to VAT and entails invoicing, declaration, and census registration obligations.

The question raised

Cuestión planteada Obligaciones formales del Impuesto sobre el Valor Añadido derivadas de la operación descrita.

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