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V0748-16 ·25 February 2016 ·consulta-vinculante Medium impact
Tax

Taxable base in property subdivision includes both land and buildings

A query was raised regarding whether, in the subdivision of an urban property, tax should be paid only on the value of the land or also on the buildings. The DGT ruled that the taxable base must include both the land and the buildings based on the principle of accession.

In 6 key points

How it affects those involved

Property owners undergoing subdivision of urban plots must account for the value of both the land and any existing structures when calculating the taxable base for documented legal acts.

Lifecycle

2016-02-25PublishedPublished 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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