Summary: The DGT (Spanish Tax Agency) provides guidance on the VAT implications of selling refurbished storage units. The consultation addresses whether the sale qualifies as a first delivery of a rehabilitated building subject to VAT or a subsequent delivery subject to transfer tax. It explains that if the refurbishment meets the criteria for rehabilitation, the sale is considered a first delivery and subject to VAT. Otherwise, it is considered a subsequent delivery and exempt from VAT, but subject to transfer tax. The consultation clarifies the tax treatment based on the specific circumstances of the case.
Source: audiconsultores-etlglobal.com
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