We would like to inform you that yesterday, 27th April, Decree-Law 7/2021 of 27th April was published in the Extraordinary BOJA number 37, reducing the rate of Transfer Tax and Stamp Duty Tax (also known as “ITP/AJD” in Spanish) to boost and reactivate the economy of Andalucía in the face of the crisis situation caused by the coronavirus pandemic (COVID19).
With exclusive validity for taxable events accrued from the entry into force of the Decree-Law (today, 28th April) until 31th December 2021, the current scale of the Transfer Tax is replaced by a single rate of 7%.
Likewise, with exclusive validity for taxable events accrued from the entry into force of the Decree-Law (today, 28th April) until 31th December 2021, the rate applicable to the Stamp Duty Tax becomes 1.20%.
