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V1121-22 19 May 2022 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · imputación de rentas inmobiliarias

A rate of 1.1% must be applied to 50% of the higher of the acquisition value or the value verified by the Administration if no cadastral value exists

The taxpayer inquires how to impute real estate income for properties lacking a cadastral reference number and without a revised cadastral value. The DGT rules that the cadastral value cannot be estimated by the taxpayer and establishes the calculation method for properties without such a value.

The question raised

Imputation criterion for real estate income, possibility of applying the revised cadastral value.

The DGT's ruling

If the property lacks a cadastral value or if this has not been notified, the imputation percentage shall be 1.1 percent. This percentage shall be applied to 50 percent of the higher of the following values: that verified by the Administration for the purposes of other taxes or the price, consideration, or acquisition value. The cadastral value is an objectively determined administrative value and cannot be estimated by the taxpayer.

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