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V1677-26 19 June 2026 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · ganancia patrimonial

Improvements and inherent costs can be included in the acquisition value of inherited property

A taxpayer asks how to calculate the capital gain or loss upon selling inherited property, including management fees and works carried out. The DGT explains how to determine acquisition and transfer values, distinguishing between improvements and conservation expenses.

The question raised

Calculation of the acquisition value and the transfer value for the purpose of calculating capital gains or losses.

The DGT's ruling

The acquisition value is composed of the actual acquisition amount (according to the rules of the Inheritance and Gift Tax if acquired for consideration) plus investments, improvements, and inherent expenses or taxes. Improvements or extensions that increase the capacity or useful life of the property are included in the acquisition value, whereas repair and maintenance expenses to maintain normal use are not included. The transfer value is the actual amount of the disposal, deducting the inherent expenses and taxes paid by the transferor.

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