Spain cadastral reference value for ITP 2022
Effective January 2022, Spain's anti-fraud law changed the basis for calculating the Impuesto sobre Transmisiones Patrimoniales (ITP) from 'valor real' to 'valor de referencia' (cadastral reference value). This aims to reduce litigation and ensure a more objective tax base, potentially leading to higher tax payments for some transactions.
Record
- Jurisdiction Spain
- Category Taxation
- Legal stage published
- Binding status binding_national_law
- Effective date 2022-01-01
- Source Inviertis Pro Blog