Do you own a home? The Treasury can impose these fines on you

by time news

2023-11-14 17:20:16

11/13/2023 at 17:06 CET

If you sell a home, you must pay up to 3 taxes

Although the mortgage market is in one of its worst moments due to the high rise in the Euribor, demand is still high, even higher than in 2023. For this reason, a context is generated in which the Tax Agency, also known as the Treasury , you can take advantage of it: economic expenses to take into account if one of the owners who decides to sell a home under your ownership.

There are three taxes that must be paid to the Treasury In case of selling a property: the Personal Income Tax (IRPF), the municipal capital gain and the Real Estate Tax (IBI). That is to say, You must include the sale in the income tax return, or in the Inheritance and Donation Tax if you have received the home through an inheritance or donation (the person who transfers the property is subject to personal income tax).

What are the fines if these three taxes are not paid?

In the case of not including the property in the statement of incomeyou can commit a minor offense (3,000 euros undeclared) with a fine of 50% of the amount that had to be declared; Serious offense (with a penalty of 50 to 100% of the amount to be declared). In the case of municipal capital gainslate payment interest and a fine of between 50 and 150% of the tax amount may be imposed. If we talk about the payment of the Real Estate Tax (IBI), 5% surcharge (between 3 and 6 months of delay without notification of urgency); surcharge of 10% (between 3 and 6 months) and 20% if you have already received notification of pressure.

#home #Treasury #impose #fines

You may also like

Leave a Comment