- Forced expropriation of real estate by a property development company is considered a supply of goods under VAT law.
- Such transactions are part of the company’s usual business activity.
- These transactions must be included in the calculation of the general VAT pro-rata.
- This position reiterates the TEAC resolution of May 23, 2023.
Source: serviciostelematicosext.hacienda.gob.es
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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