- As a general rule, the delivery of real estate for VAT purposes occurs at the time the purchase contract is signed, as this is when essential ownership rights are transferred to the buyer.
- If the seller is also responsible for constructing a turnkey building or developing the land, delivery is considered to occur on the possession (access) date, since the buyer cannot exercise ownership rights until then.
- In cases where the buyer must use a specified construction company but purchases construction services from a party other than the seller, delivery is considered to occur at the signing of the purchase contract.
- The timing of delivery is important for determining VAT adjustments, reporting obligations, and the end of service extraction obligations in construction businesses.
- The statement clarifies the Swedish Tax Agency’s view on the timing of delivery for VAT purposes in various real estate transfer scenarios.
Source: www4.skatteverket.se
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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