Skip to content
V0361-14 ·12 February 2014 ·consulta-vinculante Medium impact
Tax

Taxable base for horizontal division must include new build costs and land value

A query was raised regarding whether the taxable base for the horizontal division of properties should consist of the new build cost and the purchase value of the plot, and whether these values require updating. The DGT ruled that the base must include the cost of the new construction and the value of the land as of the date of the horizontal division deed.

In 6 key points

How it affects those involved

This ruling clarifies the calculation method for the taxable base in horizontal division processes, ensuring that both construction costs and land values are assessed at the time of the legal deed.

Lifecycle

2014-02-12PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact