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V2178-16 ·19 May 2016 ·consulta-vinculante Medium impact
Tax

Differential tax assessment following value verification may be included in the main residence deduction base

The taxpayer inquired whether amounts paid due to a differential tax assessment and late payment interest, following a value verification in Transfer Tax, can be deducted. The DGT ruled that the differential tax assessment does affect the deduction base, but late payment interest is not deductible.

In 6 key points

How it affects those involved

This ruling clarifies the components of the deduction base for investment in the main residence, specifically regarding tax adjustments resulting from value verifications.

Lifecycle

2016-05-19PublishedPublished 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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