Hi all,
We had an apartment in Marbella which we tried to sell over two years, including through Eye on Spain! We paid 460K in 2005 and it was held in joint ownership between my husband, myself and my son. We eventually sold our two shares to our Son and we put a market value on the apartment of 300k. He paid us two thirds of this valuation. Capital Gains Tax was withheld, which has since been repaid to us.
At the time of the sale our solicitors said that the Authorities might dispute the sale price but we had a valuation from our Estate Agents for 300K and also the experience of trying to sell it over two years so we were happy that we could stand over the price.The value of the apartment with the Tax office was E421,548 and our Solicitor suggestd that we could be fined E1,212, being 1% of the difference in the two valuations. When we got our refund of CGT withheld, we assumed that this would be the end of the story.
However we have now recieved a bill of E2,339 from Patronato De Recaudacion Provincial, Diputacion Provincial De Malaga. The charge is headed up "Liq De Transmisiones Gestion". Our Solicitor is vague about the charge.
Can anyone explain this charge and advise if we can have it refunded (we have paid it)
Jcashman