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V1130-25 ·27 June 2025 ·consulta-vinculante Medium impact
Tax

No capital gain or loss if insurance payout matches repair costs

A landlord inquired whether insurance compensation received after paying repair costs was taxable under personal income tax. The DGT states that no capital gain or loss arises when the insurance payout equals the repair costs.

In 6 key points

How it affects those involved

No capital gain or loss arises when insurance compensation exactly matches repair expenses.

Lifecycle

2025-06-27PublishedPublished 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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