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V1563-18 6 June 2018 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · imputación de rentas inmobiliarias

2% rate applied to cadastral value for imputed real estate income in the absence of collective valuation

A query was made regarding the percentage to be applied to the cadastral value to calculate the imputation of real estate income in Villalba (Lugo). The DGT ruled that, as no collective valuation has taken place during the current tax period or the previous ten, the applicable rate is 2%.

The question raised

Percentage to be applied to the cadastral value for the purpose of determining the imputation of real estate income in the case of properties located in the municipality of Villalba (Lugo).

The DGT's ruling

For urban or rural properties with non-essential constructions, the imputed income is 2% of the cadastral value. The percentage is reduced to 1.1% if the cadastral values have been revised through collective valuation during the period or in the ten preceding periods. In Villalba (Lugo), as no such revision occurred in the 2017 period or in the ten preceding periods, the 2% rate must be applied.

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