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V3433-19 ·13 December 2019 ·consulta-vinculante Medium impact
Tax

Acquisition value for calculating capital gains is the actual amount paid by the purchaser

A taxpayer has enquired about the acquisition value of their main residence for the purpose of calculating capital gains upon a future sale. The Directorate General for Taxes (DGT) has clarified that this value comprises the actual acquisition cost, plus investments, improvements, inherent expenses, and taxes, less any depreciation.

In 5 key points

How it affects those involved

This clarification provides certainty for taxpayers regarding the correct calculation of capital gains tax on property disposals, ensuring that all relevant costs and improvements are accounted for while deducting depreciation.

Lifecycle

2019-12-13PublishedPublished 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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