- Delivery of undeveloped or under development land affected by the business activity of the transferor.
- Exemption from article 20.1.20 of the VAT Law.
- The exemption applies when the delivery takes place before the start of the urbanization process of the land.
- The exemption does not apply when the delivery takes place after the urbanization process has started or when it is already completed.
- The exemption also does not apply when the delivery is for buildable land with the necessary administrative license for construction.
Source: www2.agenciatributaria.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.
