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V3685-20 ·30 December 2020 ·consulta-vinculante Medium impact
Tax

VAT and Transfer Tax may be included as part of the acquisition value of a plot of land sold

A taxpayer has requested clarification on how to calculate capital gains or losses resulting from the sale of a plot of land purchased for residential construction. The DGT clarifies that the acquisition value must include the actual purchase price, improvements made, and taxes paid at the time of purchase.

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2020-12-30PublishedPublished 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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