You do not have any favourites
News
-
The 10 most beautiful towns in Europe to travel to in 2022 (and one is Spanish)
30th April 2022 -
Treasury inflates home valuations and forces taxpayers to pay more taxes
29th April 2022 -
Treasury inflates home valuations and forces taxpayers to pay more taxes
28th April 2022 -
Treasury inflates home valuations and forces taxpayers to pay more taxes
27th April 2022 -
Treasury inflates home valuations and forces taxpayers to pay more taxes
26th April 2022 -
Treasury inflates home valuations and forces taxpayers to pay more taxes
25th April 2022 -
Advantages and disadvantages of having rugs in the dining room
17th April 2022 -
The Treasury will send rental notices to more than 700,000 taxpayers in Income 2021
16th April 2022 -
The Treasury will send rental notices to more than 700,000 taxpayers in Income 2021
15th April 2022 -
How to claim after buying a home if hidden defects appea
14th April 2022
HOW THE CADASTRAL REFERENCE VALUE AFFECTS THE SALE OF THE HOME AFTER A DIVORCE OR INHERITANCE
20th February 2023REAL ESTATE, NEXUS GROUP, INFORMS.
What happens in the event of the sale of part of the house in the ITP.
That a co-owner stays with the home and, due to a cadastral reference value higher than the market, there is an excess of adjudication, if it can have consequences in the ITP:
The law contemplates that the excess allocation must be declared by the taxpayer, due to a cadastral reference value higher than the market.
However, the taxpayer may avoid the taxation of said excess allocation, if he proves that said excess was unavoidable. In other words, it was not possible to carry out a distribution of assets that respected to a greater extent the equivalence in the adjudications.
However, when the inevitability of the excess allocation cannot be opposed, the taxpayer will have to pay for it. And, in this situation, the only option for him to avoid said taxation, will be to fight the reference value of the Cadastre. This, through the rectification of self-assessment, or appealing the assessment notified by the Administration, to cancel such value and ensure that the values declared in the operation prevail.
info@nexusgrupo.com
0034 965727960