HOW TO CALCULATE THE MUNICIPAL CAPITAL GAIN IN SITGE

SHow to calculate the Municipal Capital Gain in SitgesI have read and accept the processing of personal data *

We explain how to calculate the Municipal Capital Gain in Sitges step by step and we provide you with a calculator so that you can calculate this tax automatically.

If you are going to sell an apartment in Sitges, one of the selling expenses that you will have to face is the payment of the Municipal Capital Gain. However, and after several judgments issued by the Constitutional Court, you can get rid of this tax whenever you find yourself in one of these two situations:

The sale price of your home is lower than the price for which you bought it at the time.

The amount of the resulting tax is higher than the profit obtained after the sale of the home.

Capital gains in Sitges, step by step

In order to determine what you will have to pay for this tax automatically, below we leave you with our Municipal Capital Gain Calculator in Sitges .

However, and so that you know exactly where each concept comes from, below we will try to explain how to calculate the Municipal Capital Gain in Sitges so that you can carry out this calculation yourself.

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1. Years of ownership of the home

One of the factors that will determine the final amount that you have to pay as Municipal Capital Gain is the period during which you have owned the property .

To better understand the calculation of Capital Gain in Sitges we are going to give an example. Let's imagine that we bought a home in this municipality in January 2002 and we ended up selling it in January 2021. The years of ownership of the home with which to start our calculation will be 19.

2. Coefficient of increase

The years of ownership of the home will determine the coefficient of increase that we must apply to our formula. The Municipal Capital Gain is a local tax, so each council determines its own values. In Sitges, the coefficient of increase will be defined by the following table:

Percentage to be applied on the years of ownership of the home in Sitges.

Continuing with our example, for a home that we have owned for a period of 19 years, we must apply an increase coefficient of 3%.

After 20 years of home ownership , the tax no longer increases, so it does not matter if we have owned the home for a longer period since we will only have to calculate the tax up to 20 years.

3. Percentage to be applied on the cadastral value

The next step to calculate the Municipal Capital Gain in Sitges is to determine the percentage to apply on the cadastral value. This data is determined by multiplying the years of ownership of the home by the coefficient of increase assigned in the previous point.

In our case, the calculation will be as follows: 19 (years of home ownership) x 3% (assigned coefficient of increase) = 57%.

4. Cadastral value of the land

The cadastral value of the land is an administrative value determined by each municipality based on a series of valuation criteria: location of the property, value of the land, construction value, production expenses ...

To know the cadastral value of a home we can consult our last IBI receipt or consult the National Electronic Office of the Cadastre .

For our example we will consider that the cadastral value of our apartment in Sitges is 80,000 euros.

5. Taxable Base

The Taxable Base in the Municipal Capital Gain is the result of multiplying the cadastral value of the land by the percentage to be applied on the cadastral value . In our example, the operation to be carried out would be the following: 80,000 euros (cadastral value) x 57% (percentage to be applied on the cadastral value) = 45,600 euros.

6. Tax rate

The Tax Rate is stipulated by each city council. In the case of Sitges, the Tax Rate to apply in our formula will depend on the number of years that we have owned our home.

Sitges municipal capital gains tax rate

Tax rate to be applied to the Municipal Capital Gain in Sitges.

In other Catalan municipalities the Tax Rate is something fixed that does not vary over the years, in the case of Barcelona, specifically it is always 30%.

7. Tax Quota

The Tax Quota in the Municipal Capital Gain is calculated by multiplying the Tax Base by the Tax Rate . The final amount will be the amount that we have to pay for this fee, in our case:

45,600 euros (Tax Base) x 12% (Tax Rate) = 5,472 euros.

Now that you know the mechanism to calculate the Municipal Capital Gain in Sitges, you may be interested in making this calculation more easily. Download our Municipal Capital Gain calculator in Sitges and calculate what you will have to pay for Capital Gain automatically.

New call to action

Updated content based on current regulations as of 03-10-2021. The content may not be sufficiently updated if the regulations on which it is based have been modified after the date of publication. For more precise information, contact the Vivendex team at 93 418 49 48.

Resources

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SHow to calculate the Municipal Capital Gain in SitgesI have read and accept the processing of personal data * We explain how to calculate the Municipal Capital Gain in Sitges step by step and we provide you with a calculator so that you can calculate this tax automatically. If you are going to sell an apartment in Sitges, one of the selling expenses that you will have to face is the payment of the Municipal Capital Gain. However, and after several judgments issued by the Constitutional Court, you can get rid of this tax whenever you find yourself in one of these two situations: The sale price of your home is lower than the price for which you bought it at the time. The amount of the resulting tax is higher than the profit obtained after the sale of the home. Capital gains in Sitges, step by step In order to determine what you will have to pay for this tax automatically, below we leave you with our Municipal Capital Gain Calculator in Sitges . However, and so that you know exactly where each concept comes from, below we will try to explain how to calculate the Municipal Capital Gain in Sitges so that you can carry out this calculation yourself. [Sky Marketing](https://www.skymarketing.com.pk/) strives to be Pakistan's biggest real estate developer ever, guaranteeing the highest international standards, prompt execution, and lifetime customer loyalty. With projects like [https://www.skymarketing.com.pk/park-view-villas/](https://www.skymarketing.com.pk/park-view-villas/) **1. Years of ownership of the home** One of the factors that will determine the final amount that you have to pay as Municipal Capital Gain is the period during which you have owned the property . To better understand the calculation of Capital Gain in Sitges we are going to give an example. Let's imagine that we bought a home in this municipality in January 2002 and we ended up selling it in January 2021. The years of ownership of the home with which to start our calculation will be 19. **2. Coefficient of increase** The years of ownership of the home will determine the coefficient of increase that we must apply to our formula. The Municipal Capital Gain is a local tax, so each council determines its own values. In Sitges, the coefficient of increase will be defined by the following table: Percentage to be applied on the years of ownership of the home in Sitges. Continuing with our example, for a home that we have owned for a period of 19 years, we must apply an increase coefficient of 3%. After 20 years of home ownership , the tax no longer increases, so it does not matter if we have owned the home for a longer period since we will only have to calculate the tax up to 20 years. **3. Percentage to be applied on the cadastral value** The next step to calculate the Municipal Capital Gain in Sitges is to determine the percentage to apply on the cadastral value. This data is determined by multiplying the years of ownership of the home by the coefficient of increase assigned in the previous point. In our case, the calculation will be as follows: 19 (years of home ownership) x 3% (assigned coefficient of increase) = 57%. **4. Cadastral value of the land** The cadastral value of the land is an administrative value determined by each municipality based on a series of valuation criteria: location of the property, value of the land, construction value, production expenses ... To know the cadastral value of a home we can consult our last IBI receipt or consult the National Electronic Office of the Cadastre . For our example we will consider that the cadastral value of our apartment in Sitges is 80,000 euros. **5. Taxable Base** The Taxable Base in the Municipal Capital Gain is the result of multiplying the cadastral value of the land by the percentage to be applied on the cadastral value . In our example, the operation to be carried out would be the following: 80,000 euros (cadastral value) x 57% (percentage to be applied on the cadastral value) = 45,600 euros. **6. Tax rate** The Tax Rate is stipulated by each city council. In the case of Sitges, the Tax Rate to apply in our formula will depend on the number of years that we have owned our home. Sitges municipal capital gains tax rate Tax rate to be applied to the Municipal Capital Gain in Sitges. In other Catalan municipalities the Tax Rate is something fixed that does not vary over the years, in the case of Barcelona, specifically it is always 30%. **7. Tax Quota** The Tax Quota in the Municipal Capital Gain is calculated by multiplying the Tax Base by the Tax Rate . The final amount will be the amount that we have to pay for this fee, in our case: 45,600 euros (Tax Base) x 12% (Tax Rate) = 5,472 euros. Now that you know the mechanism to calculate the Municipal Capital Gain in Sitges, you may be interested in making this calculation more easily. Download our Municipal Capital Gain calculator in Sitges and calculate what you will have to pay for Capital Gain automatically. **New call to action** * Updated content based on current regulations as of 03-10-2021. The content may not be sufficiently updated if the regulations on which it is based have been modified after the date of publication. For more precise information, contact the Vivendex team at 93 418 49 48. **Resources** [Vivanuncios Hackathon winners visit San Francisco, US](https://wimkin.com/blog/2557/vivanuncios-hackathon-winners-visit-san-francisco-us/) [The best toys for children under 10 years old](http://sun.pinsupreme.com/portfolio/forums/topic/the-best-toys-for-children-under-10-years-old/) [Spring decorating ideas for home shows](http://www.cardgamedb.com/forums/index.php?/blog/278/entry-945-spring-decorating-ideas-for-home-shows/) [The reopening of tourist destinations in the world advances: UNWTO](https://skymarketing.shopinfo.jp/posts/12623907) [Best protected National Parks in Mexico to rent a vacation home](https://chatsmartly.com/read-blog/6550) [Points to include in a home warranty](http://grpz.copiny.com/question/details/id/720272) [Tajarat.com.pk](https://tajarat.com.pk/) [Patterjack dog breeds](https://patterjack.com/health/do-you-have-everything-clear-about-dental-hygiene-and-shedding-your-pet) [murshidalam](https://murshidalam.com/paige-reffe/) [voguemagz](https://voguemagz.com/)

#23 HOW TO CALCULATE THE MUNICIPAL CAPITAL GAIN IN SITGE