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V3073-18 ·28 November 2018 ·consulta-vinculante Medium impact
Tax

No capital gains tax applies if compensation for construction defects is used entirely for repairs

A homeowners' association sought clarification on the taxation of compensation received for construction defects and its distribution. The DGT ruled that no capital gain arises if the amount matches the cost of repairs, although any uninvested portion will be subject to tax.

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2018-11-28PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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