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V2429-24 3 December 2024 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · valor de adquisición

The acquisition value of a property includes the actual purchase price plus expenses and investments

A taxpayer has enquired about the acquisition value of their property for Personal Income Tax (IRPF) purposes following previous contributions to a cooperative. The Directorate General for Taxes (DGT) clarifies that this value comprises the actual purchase price plus inherent expenses and investments.

The question raised

Request to determine the acquisition value of the dwelling for the purposes of Personal Income Tax.

The DGT's ruling

The acquisition value in onerous transfers is composed of the actual acquisition amount, the cost of investments and improvements, and the inherent expenses and taxes, excluding interest. Expenses include, among others, notary fees, registry fees, administrative fees, transfer taxes, appraisal fees, and brokerage commissions.

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