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V1127-21 27 April 2021 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · ganancias y pérdidas patrimoniales

Sale of a collectible banknote acquired abroad generates a capital gain or loss

A taxpayer inquired about the tax treatment of selling a collectible banknote purchased in Norway. The DGT ruled that, as it is part of their personal assets, the transaction generates a capital gain or loss that must be included in the savings tax base.

The question raised

Regarding a possible sale of the acquired banknote, an inquiry is made concerning its taxation.

The DGT's ruling

The transfer of a collectible banknote that forms part of the taxpayer's personal assets results in a capital gain or loss based on the difference between the acquisition and transfer values. The acquisition value includes the actual amount plus inherent expenses and taxes, whereas the transfer value is the actual amount of the disposal minus the expenses and taxes paid by the transferor. This income constitutes savings income and must be included in the savings tax base.

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