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V1313-17 ·29 May 2017 ·consulta-vinculante Medium impact
Tax

Selling furniture and appliances may result in capital gains or losses for Personal Income Tax

A taxpayer inquired whether selling furniture and appliances, purchased years ago without invoices, would result in a capital gain or loss. The Directorate General for Taxes (DGT) explains how to calculate these values and clarifies that losses due to the normal wear and tear of consumer goods are not taken into account.

In 5 key points

How it affects those involved

This clarification provides guidance for taxpayers on how to report the sale of second-hand household items and the necessary documentation required to determine the acquisition value for tax purposes.

Lifecycle

2017-05-29PublishedPublished 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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