{"id":10475,"date":"2021-12-29T10:32:00","date_gmt":"2021-12-29T09:32:00","guid":{"rendered":"https:\/\/firmalex.com\/?p=10475"},"modified":"2023-11-17T19:59:55","modified_gmt":"2023-11-17T18:59:55","slug":"capital-gains-tax-new-formulas-for-its-calculation","status":"publish","type":"post","link":"https:\/\/firmalex.com\/en\/2021\/12\/29\/capital-gains-tax-new-formulas-for-its-calculation\/","title":{"rendered":"Capital gains tax: New formulas for its calculation"},"content":{"rendered":"\n

Last November, the Council of Ministers approved a Royal Decree-Law that amends the calculation of the municipal capital gains tax to bring it into line with the Constitutional Court ruling that declared the tax illegal on 26 October.<\/p><\/blockquote>\n\n\n\n

The regulation adjusts the tax to the ups and downs of the real estate market, so that capital gains tax is only payable if a profit is made on the sale or transfer of a property.<\/p>\n\n\n\n

Those who sell a house at a loss will be exempt from paying it from 10 November. This measure is not retroactive.<\/p>\n\n\n\n

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