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V2066-16 13 May 2016 · SG de Impuestos Patrimoniales, Tasas y Precios Públicos Criterion in force
IP · arrendamiento con opción de compra

Acquisition price cannot be reduced by tax paid on lease with option to purchase

A taxpayer inquired whether the Transfer Tax and Stamp Duty paid on a lease with an option to purchase can be deducted from the property's value for Wealth Tax purposes. The Directorate General for Taxes (DGT) ruled that the acquisition price may not be reduced by the tax paid on the lease.

The question raised

Cuestión planteada Si, a efectos de la declaración del valor del inmueble en el Impuesto sobre el Patrimonio, una vez ejercida la opción de compra, procede descontar el Impuesto sobre Transmisiones Patrimoniales y Actos Jurídicos Documentados satisfecho con el arrendamiento.

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