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V0229-23 ·13 February 2023 ·consulta-vinculante Medium impact
Tax

Home improvements or extensions may be added to the acquisition value for capital gains tax calculations

The inquirer asks whether works carried out on their property can be considered part of the higher acquisition value and whether the reinvestment exemption can be applied without having resided in the property for three years. The DGT responds that only improvements or extensions count towards the acquisition value, whereas repairs do not, and that the exemption depends on whether the change of residence is an unavoidable necessity.

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2023-02-13PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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