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V4275-16 ·5 October 2016 ·consulta-vinculante Medium impact
Tax

Selling a private vehicle may result in a capital gain or loss for Income Tax purposes

The inquirer asks how to tax the sale of a private vehicle purchased 15 years ago. The DGT states that the transaction generates a capital gain or loss, but warns that losses due to consumption will not be taken into account.

In 6 key points

Lifecycle

2016-10-05PublishedPublished 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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