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V2231-18 26 July 2018 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · imputación de rentas inmobiliarias

Imputation rate for imputed real estate income to depend on cadastral value review

A query was made regarding the percentage to be applied to the cadastral value to determine the imputation of real estate income in Marchamalo (Guadalajara). The DGT ruled that, as cadastral values have not been reviewed through collective valuation during the current 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 real estate located in the municipality of Marchamalo (Guadalajara).

The DGT's ruling

For urban real estate not used for economic activities nor generating capital income, the imputation percentage is 2% of the cadastral value. This percentage shall be 1.1% only if the cadastral values have been revised through collective valuation during the tax period or in the ten preceding periods. In the case of Marchamalo, as no such revision exists in the 2017 period or in the ten preceding periods, the application of 2% is required.

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