Doctrine by topic · DGT Observatory

Property Transfers: DGT doctrinal evolution

How the DGT's position on this topic has evolved, and the rulings it rests on.

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How the DGT's position has evolved

Stable position Medium confidence 64 rulings · 2018–2026

Current position

The taxable base for ITPAJD (Transfer Tax and Stamp Duty) is determined by the reference value of the Cadastre, applying the higher of this and the declared value or the agreed price. In the absence of a reference value, the highest amount among the declared value, the agreed price, or the market value shall be used. For the calculation of capital gains or losses in IRPF (Personal Income Tax), the acquisition value must include the actual purchase amount plus expenses and taxes, incorporating the value verified by the Administration if it is higher.

The DGT's position does not show a single doctrinal evolution, but rather addresses heterogeneous scenarios ranging from exemptions in corporate restructurings to the determination of the taxable base. The most recent rulings focus on the application of the Cadastre reference value and its impact on determining the real value for IRPF. There is no change in criterion, but rather a specialization in the application of valuation parameters.

Turning points

  1. V1890-25

    Establishes that the taxable base shall be the reference value of the Cadastre, prevailing over the declared value or agreed price if the latter is lower.

  2. V5305-26

    Links the value verified by the Autonomous Community in ITPAJD with the actual amount to determine capital gains or losses in IRPF.

Analysis based on 56 of 64 rulings with a stated position. Updated 18 September 2026.

Rulings on this topic

24
V5121-26 6 Jul 2026

Land division by public deed will be subject to documentation charges

SG de Impuestos Patrimoniales, Tasas y Precios Públicos
segregación de fincasactos jurídicos documentadosescritura públicabase imponibletransmisiones patrimoniales TRITPAJD — RDLeg 1/1993 de ITP y AJD art. 31.2RITPAJD RD 828/1995
Affects CompanyExpat · Non-residentIndividual
V1155-26 20 May 2026

Excess allocations in separate estates liable to ITP if not inevitable

SG de Impuestos Patrimoniales, Tasas y Precios Públicos
excesos de adjudicaciónpartición de herenciamasa hereditariatransmisiones patrimonialesindivisibilidad LISD — Ley 29/1987 de Sucesiones y Donaciones art. 27.1LISD — Ley 29/1987 de Sucesiones y Donaciones art. 27.3
Affects CompanyExpat · Non-residentIndividual
V1022-26 6 May 2026

No refund of tax if sale contract resolved by mutual agreement

SG de Impuestos Patrimoniales, Tasas y Precios Públicos
mutuo acuerdoresolución contractualhecho imponibletransmisiones patrimonialesdevolución de impuestos TRITPAJD — RDLeg 1/1993 de ITP y AJD art. 7.1TRITPAJD — RDLeg 1/1993 de ITP y AJD art. 31.2
Affects CompanyExpat · Non-residentIndividual
V0038-26 13 Jan 2026

No taxable under Actos Jurídicos Documentados in judicial documents

SG de Impuestos Patrimoniales, Tasas y Precios Públicos
actos jurídicos documentadostransmisiones patrimonialesdecreto de adjudicaciónhecho imponibledocumentos judiciales TRITPAJD — RDLeg 1/1993 de ITP y AJD art. 1TRITPAJD — RDLeg 1/1993 de ITP y AJD art. 27
Affects CompanyExpat · Non-residentIndividual
V0764-25 30 Apr 2025

Purchase of a balloon via public deed may be subject to AJD variable fee

SG de Impuestos Patrimoniales, Tasas y Precios Públicos
cuota variableactos jurídicos documentadostransmisiones patrimonialesinscribibilidadpunto de conexión TRITPAJD — RDLeg 1/1993 de ITP y AJD art. 7TRITPAJD — RDLeg 1/1993 de ITP y AJD art. 31.2
Affects CompanyExpat · Non-residentIndividual
V0260-25 5 Mar 2025

Loan extinction not subject to Inheritance and Gift Tax

SG de Impuestos Patrimoniales, Tasas y Precios Públicos
extinción de préstamohecho imponiblesujeto pasivoautoliquidacióntransmisiones patrimoniales TRITPAJD — RDLeg 1/1993 de ITP y AJD art. 7.1.BTRITPAJD — RDLeg 1/1993 de ITP y AJD art. 8.d
Affects CompanyExpat · Non-residentIndividual
V2186-24 14 Oct 2024

Municipal company ineligible for ITPAJD exemption as it is not a Public Administration

SG de Impuestos Patrimoniales, Tasas y Precios Públicos
exención subjetivaadministración institucionaltransmisiones patrimonialesactos jurídicos documentadossociedad municipal TRITPAJD — RDLeg 1/1993 de ITP y AJD art. 7.1.ATRITPAJD — RDLeg 1/1993 de ITP y AJD art. 7.5
Affects CompanyExpat · Non-residentIndividual
V2123-24 1 Oct 2024

Sub-mortgage to secure fees subject to ITPAJD if not subject to VAT

SG de Impuestos Patrimoniales, Tasas y Precios Públicos
subhipotecaderecho realbase imponibletransmisiones patrimonialescapital garantizado TRITPAJD — RDLeg 1/1993 de ITP y AJD art. 7.BTRITPAJD — RDLeg 1/1993 de ITP y AJD art. 10.1
Affects CompanyExpat · Non-residentIndividual

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