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V0581-22 ·21 March 2022 ·consulta-vinculante Medium impact
Tax

Costs of property improvements cannot be deducted from the taxable base of a gift

A person who financed interior design works for their parents' home has asked whether these costs can be deducted from the value of the gift. The Directorate General for Taxes (DGT) has ruled that the taxable base must be determined according to regulations, without excluding the amount paid for such improvements.

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2022-03-21PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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