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V1682-20 ·29 May 2020 ·consulta-vinculante Medium impact
Tax

The transfer value of a property is the actual sale amount without deducting the loan principal

A taxpayer asks whether the outstanding mortgage principal should be subtracted from the sale price when calculating capital gains from a property sale. The DGT rules that the transfer value is the actual amount of the disposal and does not allow for the deduction of the outstanding loan.

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2020-05-29PublishedPublished 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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