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V1895-19 ·18 July 2019 ·consulta-vinculante Medium impact
Tax

Taxable base for 'ob rem' linking of properties is the declared value of the annexed property

A query was raised regarding the taxable base for Stamp Duty (Documented Legal Acts) in the case of the 'ob rem' linking of two hotel properties. The Directorate General for Tax (DGT) ruled that the taxable base shall be the declared value of the property being linked, excluding the value of the principal property.

In 6 key points

How it affects those involved

This ruling clarifies the calculation of the tax base for property linking transactions, ensuring that the tax is only applied to the value of the annexed property rather than the combined value of both properties.

Lifecycle

2019-07-18PublishedPublished 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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