THE CONSTITUTIONAL COURT DECLARES THE MUNICIPAL CAPITAL GAINS TAX (“PLUSVALÍA”) UNCONSTITUTIONAL.
The High Court has declared unconstitutional and null and voided a large part of article 107 of the TRLRHL, which was the fundamental pillar for the calculation of the taxable base of the municipal capital gains tax on the increase of urban land (“Plusvalía”). The unconstitutionality has occurred due to the fact that the calculation…