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V1601-19 ·27 June 2019 ·consulta-vinculante Medium impact
Tax

Kitchen furniture costs cannot be included in the property's acquisition value

A taxpayer inquired whether the cost of furnishing a kitchen could be added to the acquisition value of their property to reduce capital gains tax. The Directorate General for Taxes (DGT) ruled that furniture does not constitute an improvement or investment that increases the property's capacity or habitability.

In 6 key points

How it affects those involved

Taxpayers cannot deduct the cost of movable furniture from capital gains tax calculations, as these are considered consumer goods rather than structural improvements to the real estate.

Lifecycle

2019-06-27PublishedPublished 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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