ADVANTA GROUP

News

PLUSVALIA RECLAMATION

PLUSVALIA RECLAMATION

28 Jun 2017

IF YOU HAVE SOLD YOUR PROPERTY AT A LOSS, YOU ARE ELIGIBLE TO RECLAIM THE CAPITAL GAINS TAX.


On the 11th of May 2017, Spain's Constitutional Court ruled as void the payment of the “plus valía” tax when a vendor sells their property at a loss.

The tribunal considers the tax should not be applied when there is a devaluation or loss when selling a property, to this date the sellers were liable for the “plus valia” tax even when selling at a loss, as it should only be applied when there is an increase in the property value.

If the property has been sold at a loss, the ruling does not oblige the seller to pay the “plus valia”. Sellers who find themselves in this situation and have sold within the last four years now have the option of claiming back the “plus valia”. (If the tax was paid more than 4 years ago, then it would have prescribed and is no longer reclaimable).

If you require further information or think you could be entitled to reclaiming the plus valia”, then visit the “contact us” section on our website to call our office today or send us an email.

Contact us today.

Please submit your enquiry using the following form and our staff will respond to any of your queries.

Responsable del tramineto: ADVANTA GROUP, Finalidad del tratamiento: Gestión y control de los servicios ofrecidos a través de la página Web de Servicios legales, Envío de información a traves de newsletter y otros, Legitimación: Por consentimiento, Destinatarios: No se cederan los datos, salvo para elaborar contabilidad, Derechos de las personas interesadas: Acceder, rectificar y suprimir los datos, solicitar la portabilidad de los mismos, oponerse altratamiento y solicitar la limitación de éste, Procedencia de los datos: El Propio interesado, Información Adicional: Puede consultarse la información adicional y detallada sobre protección de datos Aquí.

© 2023 ● Design: MediaelxLegalPrivacyCookies policyWeb map