Skip to content
V1774-24 ·17 July 2024 ·consulta-vinculante Medium impact
Tax

Actual sale price may be used to calculate capital gains if not below market value

A taxpayer queried which value should be used to calculate capital gains or losses when selling a property for a price lower than its cadastral reference value. The DGT ruled that the actual amount of the disposal should be used, provided it is not lower than the normal market value.

In 6 key points

How it affects those involved

This clarification provides certainty for taxpayers selling property below the cadastral reference value, confirming that the actual transaction price is valid for tax purposes as long as it reflects market value.

Lifecycle

2024-07-17PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact