News published in INFORMA 2024

News published in INFORMA in June

When the seller of his or her primary residence who has agreed to reinvest the proceeds in the acquisition of a new one dies before the 2-year period without having reinvested the obligation to reinvest disappears without losing the reinvestment exemption.

For the purposes of the obligation to declare, only the amount of the benefit that must actually be included in the taxable base by application of the second transitional provision of the Personal Income Tax Law is considered.

The amount of lawyer and solicitor fees paid by the taxpayer in a trial cannot be computed as a capital loss.

If it is not possible to identify the author the defrauded amount will be loss when both the purchase and the defrauded amount are justified and in the part that is not covered by any insurance. If the perpetrator is identified the defrauded amount does not give rise to a loss until one year has passed since the start of the judicial procedure for the enforcement of the credit.