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V1951-24 ·17 September 2024 ·consulta-vinculante Medium impact
Tax

Acquisition value of a donated property when no Inheritance and Gift Tax was paid shall be its real market value

A resident in Spain received a donation of a property abroad while still a non-resident, and therefore did not pay Inheritance and Gift Tax. The inquiry asks how to determine the acquisition value of that property to calculate the capital gains tax for Personal Income Tax (IRPF) upon its sale.

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2024-09-17PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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