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V2302-23 ·1 August 2023 ·consulta-vinculante Medium impact
Tax

Taxable base for property acquired at judicial auction shall be the reference value (subject to exceptions)

A taxpayer queried which taxable base should be applied for ITPAJD when acquiring property at a judicial auction for a price lower than the reference value. The DGT ruled that the Cadastral reference value must be applied, unless the acquisition price is higher.

In 6 key points

How it affects those involved

This ruling clarifies that for property acquired through judicial auctions, the tax base for Transfer Tax (ITPAJD) is determined by the Cadastral reference value rather than the auction price, provided the reference value is higher.

Lifecycle

2023-08-01PublishedPublished 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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