REVIEW OF CADASTRAL VALUES AND TAX BASES
The cadastral value is the basis for tax calculations associated with the tenancy and transmission of real estate, such as IBI, ITP, Plusvalía, or Inheritance and Donations Tax.
In many cases, the information about these properties is incorrect regarding its classification, characteristics and features or uses, which in turn could increase the taxpayer’s tax burden.
At other times, Tax Administration may initiate a check of value records for the case of property transfers, inheritance or donations or AJD applied to horizontal divisions or statements of new works, and propose further payment calculated on a different taxable basis.
In all these cases, the taxpayer has a right to submit a contradictory expert valuation or, where appropriate, initiate a complain process of the cadastral value, not only claiming on the basis of tax calculation, but also due to possible prior improper payments.
VALTECSA’s team of appraisers will work together with Legal and Financial Advisers to check both the correct application of the cadastral value legislation as well as the development of a contradictory expert report justifying the basis for the calculated tax.
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