Tax law

When do we apply VAT to a purchase of urbanised land

When buying urbanised land, a very clear distinction must be made between the two important taxes that can be applied, of which one excludes the other. It is important to know that it is possible to apply VAT on the purchase of a plot of land, as the VAT paid on the purchase can be […]

Housing property rental and VAT Pro-rata

Tax implications for renting apartments and offices under the same company. We have often been asked about the tax implications for renting a housing property owned by a Company, as they don´t know if this will affect the rest of their incomes received from their rentals of business offices. The truth is that there are […]