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V1867-23 ·27 June 2023 ·consulta-vinculante Medium impact
Tax

In real estate auctions, the tax base shall be the Cadastral reference value or the higher of the acquisition or declared value

A taxpayer queried which value should serve as the tax base in a real estate auction: the adjudication price or the Cadastral reference value. The Directorate General for Taxes (DGT) ruled that the reference value prevails, unless the acquisition price is higher.

In 6 key points

How it affects those involved

This ruling clarifies the determination of the tax base for property transfers via auction, ensuring consistency with Cadastral reference values unless a higher acquisition cost is proven.

Lifecycle

2023-06-27PublishedPublished 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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