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V2683-14 8 October 2014 · SG de Impuestos sobre el Consumo Criterion in force
IVA · primera entrega

Sale of a property following an unexercised lease with option to buy remains a first supply

A developer sought clarification on whether selling a property to a third party, following a lease with an unexercised option to buy, constitutes a second supply subject to VAT. The DGT ruled that the developer's supply always retains the status of an exempt first supply.

The question raised

Cuestión planteada Sujeción al Impuesto sobre el Valor Añadido de la transmisión de la vivienda.

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