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V0782-25 ·5 May 2025 ·consulta-vinculante Medium impact
Tax

Insurance claim for property damage creates gain or loss

A property owner asks how to tax an insurance payout after an explosion destroyed their building. The DGT responds that the gain or loss must be calculated as the difference between the insurance payout and the property's acquisition value (excluding the land value).

In 6 key points

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2025-05-05PublishedPublished 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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