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V1829-14 ·10 July 2014 ·consulta-vinculante Medium impact
Tax

Purchase of second-hand apartments may qualify for RIC, but land requires specific rehabilitation

A tourism company in the Canary Islands asks whether it can use the Canary Investment Reserve (RIC) to buy second-hand apartments. The DGT confirms that purchasing such assets qualifies as non-initial investment, but to include land value, rehabilitation must meet specific requirements.

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2014-07-10PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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