Navamorcuende definitively approves the municipal capital gains tax ordinance

The Navamorcuende City Council has definitively approved the modification of fiscal ordinance no. 27, which regulates the tax on the increase in value of urban land (IIVTNU), known as the municipal capital gains tax (plusvalía municipal). The agreement is published in the Official Gazette of the Province of Toledo, number 172, dated September 9, 2026, page 21, with insertion number I-3963.

The decision was adopted by the Plenary of the City Council, meeting in an ordinary session on July 9, 2026, which agreed upon the initial approval of the modification. Following the public information process, during which no claims were filed, the provisional agreement has become definitive.

Regulatory Framework

The modification is based on Article 17.3 of Royal Legislative Decree 2/2004, of March 5, which approves the consolidated text of the Law Regulating Local Treasuries. This regulation establishes that when no allegations are made during the public exhibition period, the initially provisional agreement is understood to be definitively adopted.

The consolidated text regulates the regime of local taxes and, in particular, the tax levied on the increase in value experienced by urban land at the time of its transfer.

Processing and Deadlines

The file has followed the ordinary procedure for the approval of fiscal ordinances:

• Initial approval by the Plenary in an ordinary session on July 9, 2026.
• Public exhibition for a period of 30 business days.
• Absence of claims or allegations within the established period.
• Elevation of the agreement to definitive status, in accordance with Article 17.3 of Royal Legislative Decree 2/2004.

The document was signed in Navamorcuende on September 1, 2026, by the mayor, Armando Pírez Álvarez, and can be verified using the code 2026.00003963.

Scope of the Measure

The modified ordinance regulates the tax applied to all transfers of urban properties in the municipality, whether onerous or gratuitous. Its update directly affects taxpayers carrying out purchase and sale operations, inheritances, or donations of urban land in Navamorcuende.

The entry into force of the new wording of the ordinance represents an adjustment of the local fiscal framework, which must be taken into account by residents and real estate operators when calculating the cost of any transfer of urban land within the municipal district.

Source: Official Gazette of the Province of Toledo, no. 172, September 9, 2026, p. 21 (official reference: insertion I-3963, verification code 2026.00003963).