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V2045-23 ·13 July 2023 ·consulta-vinculante Medium impact
Tax

Capital gain from foreign property sale calculated by converting difference to euros

A Spanish resident asked how to calculate the capital gain or loss from selling a foreign property purchased and sold in Argentine pesos. The DGT replied that the gain or loss must first be calculated in the original currency and then converted to euros at the exchange rate on the date of the transaction.

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2023-07-13PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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