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V3294-14 9 December 2014 · SG de Impuestos sobre el Consumo Criterion in force
IVA · permuta de suelo

VAT accrual on property delivery occurs upon making it available to the purchaser or upon receipt of advance payments

A developer has requested clarification regarding the timing of VAT accrual in a land swap for future construction. The DGT clarifies that while the transfer of land by private individuals is not subject to the tax, the delivery of the building is. VAT accrues either when the property is made available to the buyer or when advance payments are received.

The question raised

Cuestión planteada Momento en que se produce el devengo del Impuesto.

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