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V1128-22 ·20 May 2022 ·consulta-vinculante Medium impact
Tax

Municipalities must follow value verification procedures if they disagree with declared values

A query was raised regarding whether a Municipality must apply the value verification procedure under the General Tax Law and allow for representations if it deems the value of a transfer in the IIVTNU to be incorrect. The DGT ruled that it must follow the procedure prescribed by law.

In 6 key points

How it affects those involved

This confirms that local authorities cannot arbitrarily adjust tax bases for the IIVTNU; they must adhere to the formal value verification process, ensuring taxpayers have the right to contest discrepancies.

Lifecycle

2022-05-20PublishedPublished 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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