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V4829-16 10 November 2016 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · imputación de rentas inmobiliarias

The new reduced cadastral value must be applied for the imputation of real estate income

A taxpayer inquired which cadastral value should be used for the imputation of real estate income in 2015 following a retroactive reduction of their cadastral value. The Directorate General for Taxes (DGT) ruled that the new value assigned after the cadastral alteration must be applied.

The question raised

Value to be considered for the purposes of the imputation of real estate income.

The DGT's ruling

For the imputation of real estate income, if an alteration resulting from a cadastral regularization procedure has effects from a date prior to the tax period, the value resulting from said alteration must be applied. In this case, as it has effects from December 2013, the value for the 2015 fiscal year is the new cadastral value of €36,050.74.

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