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V2647-18 2 October 2018 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · ganancia patrimonial

The acquisition date of a self-built property is the date of completion of the works

A query was raised regarding which date should be used to calculate capital gains for a property built on one's own land. The DGT ruled that the acquisition date of the building is the date the works are completed, provided this can be substantiated.

The question raised

Acquisition date of the dwelling for the purposes of calculating capital gains or losses.

The DGT's ruling

In cases of direct execution of construction works, the acquisition value is the sum of the cost of the land and the works, plus inherent expenses and taxes. The acquisition date of the building is the date of completion of the works, which cost and date must be substantiated by any valid means of proof. If the completion date cannot be substantiated, the date of the deed of declaration of new construction shall be taken.

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