Approved a reduction of the general rate of the Tax on Patrimonial Transmissions
Reactivation of the real estate sector and incentive for new construction
The measure will enter into force the day after the publication of the decree law in the Official Gazette of the Junta de Andalucía
The Andalusian Government has approved a decree law that reduces the general rate of the Tax on Patrimonial Transmissions and
Documented Legal Acts (ITPAJD), in order to promote the economic reactivation of Andalusia. The decree law will enter into force
the day following its publication in the Official Gazette of the Junta de Andalucía (BOJA).
The measure consists of reducing the general tax rate applicable to the transfer of real estate (Onerous Patrimonial Transmissions) and the constitution and transfer of real rights over them, except those of guarantee,
going from the current rates of 8%, 9% and 10% to a single general rate of 7%.
Similarly, the general tax rate for notarial documents (Documented Legal Acts) is reduced from 1.5% to 1.2%.