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V5318-16 ·15 December 2016 ·consulta-vinculante Medium impact
Tax

Transfer expenses cannot be deducted to determine the tax base for Wealth Tax (IIVTNU)

The applicant asks whether the transfer price can be reduced by certain items to calculate the capital gain. The DGT responds that the tax base is determined exclusively through the rules set out in Article 107 of the TRLRHL.

In 6 key points

How it affects those involved

This ruling clarifies that taxpayers cannot subtract transaction costs or expenses from the transfer value when calculating the tax base for the Wealth Tax on urban land, strictly adhering to the rules of the Law on Urban Leases.

Lifecycle

2016-12-15PublishedPublished 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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