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V0858-21 ·13 April 2021 ·consulta-vinculante Medium impact
Tax

Compensation for property damage in a fire is classified as a capital gain or loss

An industrial warehouse owner asks how to tax compensation received following a fire. The DGT rules that it is not exempt income for personal injury, but rather a capital gain or loss.

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2021-04-13PublishedPublished 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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