CGT on Property in Spain
May 23rd 2017 | 1:37 am
#1
Thread Starter
BE Enthusiast
Joined: Nov 2007
Posts: 882
From: Ayamonte
CGT on Property in Spain
This article may be of interest to some people
Spain's Constitutional Court Abolishes CGT When Values Do Not Rise | Aura Real Estate Experts
Spain's Constitutional Court Abolishes CGT When Values Do Not Rise | Aura Real Estate Experts
May 23rd 2017 | 6:03 am
#2
Joined: Jun 2006
Posts: 11,231
From: Granada Costa
Re: CGT on Property in Spain
That is a seriously misleading article. CGT has never been payable where there is no increase in the value of the property. What they are referring to in the "Plus Valia" tax, which is entirely different and is levied on the land not the building.
I find it appalling that websites like this can promulgate such erroneous information which will confuse rather than clarify.
I find it appalling that websites like this can promulgate such erroneous information which will confuse rather than clarify.
