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V1601-19 27 June 2019 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · valor de adquisición

Kitchen furniture costs cannot be included in the property's acquisition value

A taxpayer inquired whether the cost of furnishing a kitchen could be added to the acquisition value of their property to reduce capital gains tax. The Directorate General for Taxes (DGT) ruled that furniture does not constitute an improvement or investment that increases the property's capacity or habitability.

The question raised

Whether, when calculating the acquisition value, the amount paid for furnishing the kitchen could be included

The DGT's ruling

The acquisition value includes the cost of investments and improvements, but not repair and maintenance expenses. Furnished items are not considered improvements because they do not increase the capacity, habitability, or useful life of the property. Furthermore, as they are durable consumer goods, losses resulting from their normal use do not constitute capital losses.

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