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V0690-22 ·30 March 2022 ·consulta-vinculante Medium impact
Tax

In ITPAJD, the tax base is the reference value, unless the agreed price or declared value is higher

The applicant asks whether the maximum price regulated by the Community of Madrid can be used instead of the cadastral reference value for dwellings. The DGT rules that the reference value constitutes the tax base, unless the agreed price is higher.

In 6 key points

How it affects those involved

This ruling clarifies that for Transfer Tax (ITPAJD), the cadastral reference value serves as the minimum tax base, even in regulated housing markets, unless the actual transaction price exceeds it.

Lifecycle

2022-03-30PublishedPublished 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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