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What is VAT Treatment of Judicial Auction Awards about?

1) The awarding of properties at judicial auction in favor of the consulting public entity will result in two operations for VAT purposes: the assignment of the bid by the mortgage creditor, subject to the tax, and the transfer of the properties, which may be exempt or not depending on whether they are rural or buildable land. 2) The assignment of the bid by the mortgage creditor to the entity will be subject to VAT as a transfer of rights that is part of its

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ScribdTranslations
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