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V3409-19 ·12 December 2019 ·consulta-vinculante Medium impact
Tax

Land development costs are considered improvements for calculating capital gains or losses

A taxpayer inquired how to determine the acquisition value of rural land purchased on different dates to calculate capital gains. The DGT clarified that payments for land development constitute an improvement and must be included in the acquisition value.

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2019-12-12PublishedPublished 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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