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V0569-23 ·10 March 2023 ·consulta-vinculante Medium impact
Tax

Acquisition value for Personal Income Tax is the actual purchase price, regardless of the ITPAJD reference value

A query was raised regarding whether the ITPAJD reference value or the actual purchase price should be used to calculate capital gains for Personal Income Tax (IRPF). The Directorate General for Taxes (DGT) ruled that the actual amount paid for the acquisition must be used.

In 6 key points

How it affects those involved

This clarification provides legal certainty for taxpayers, ensuring that capital gains calculations are based on real transaction costs rather than administrative reference values, potentially preventing overtaxation.

Lifecycle

2023-03-10PublishedPublished 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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