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V1343-21 ·12 May 2021 ·consulta-vinculante Medium impact
Tax

VAT and ITPAJD may be included in the acquisition value of real estate for Wealth Tax

A taxpayer has inquired whether taxes paid during the purchase of real estate should be added to the purchase price for valuation purposes. The DGT has ruled that they should, as these taxes are considered inherent to the acquisition.

In 6 key points

How it affects those involved

This ruling allows taxpayers to increase the acquisition cost of real estate by including VAT and ITPAJD, potentially reducing the taxable base for Wealth Tax in future years.

Lifecycle

2021-05-12PublishedPublished 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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