Skip to content
V2993-18 ·21 November 2018 ·consulta-vinculante Medium impact
Tax

Earnest money is imputed to the tax period in which the sale of the real estate occurs

A taxpayer inquires as to when the amount received as earnest money for a property must be declared if the sale is completed in the following fiscal year. The DGT responds that these amounts constitute part of the price and are declared when the transfer is executed.

In 6 key points

Lifecycle

2018-11-21PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact