Example on Calculation of Plusvalia
MODIFICATIONS OF THE TRLHL IN THE IIVTNU («MUNICIPAL PLUSVALIA») BY RDL 26/2021 (BOE 9/11/2021, IN FORCE SINCE 10/11/2021). Sales of properties in Spain are taxed with 2 taxes: – Capital Gains – Tax on the profit obtained from the acquisition and the sale of the property . This tax is paid to the Central Government […]
Cadastre – “Catastro”
What is Catastro in Spain? “Catastro” is the institution which considers properties for maps, drawings, plans, and is the source of the valor catastral, the assessed value of property for Tax purposes. Is it the same as Registro de la Propiedad? No. Whilst the Registro de la Propiedad and the escritura may well confirm the ownership of a property […]