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V2357-17 18 September 2017 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · imputación de rentas inmobiliarias

A 2% rate on cadastral value must be applied for the imputation of real estate income

A non-habitual residence owner has enquired about the percentage to be applied to the cadastral value for the imputation of real estate income. The Directorate General of Taxes (DGT) has ruled that, as cadastral values in the municipality have not been revised in the last ten tax periods, a rate of 2% applies.

The question raised

Percentage to be applied to the cadastral value for the purpose of determining the imputation of real estate income.

The DGT's ruling

For urban real estate not used for economic activities nor generating income from capital, a rate of 2% shall be applied to the cadastral value. The reduced rate of 1.1% only applies if the cadastral values have been reviewed, modified, or determined through a general collective valuation during the tax period or in the ten preceding periods. In the specific case at hand, as there has been no review in the municipality within said period, the rate is 2%.

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