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V1359-14 ·21 May 2014 ·consulta-vinculante Medium impact
Tax

Compensation for property damage and late payment interest are taxed as capital gains

A taxpayer has enquired about the tax treatment of compensation and interest received following a fire on their estate. The DGT clarifies that no exemption applies for property damage and distinguishes the tax treatment based on the specific concept being indemnified.

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2014-05-21PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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