When a used vehicle is sold between two private individuals in Spain, who is legally responsible for paying the Property Transfer Tax (Impuesto de Transmisiones Patrimoniales - ITP), and when must it be paid?
A)The seller must pay it before signing the contract to prove the vehicle is free of financial burdens.
B)The buyer and seller must split the tax 50/50 at the time the vehicle undergoes its next ITV inspection.
C)The buyer is responsible for paying it to their regional tax authority before the DGT will finalize the transfer of ownership.Correct
The buyer is the taxpayer responsible for the ITP (settled via regional tax forms 620 or 621). The DGT will block the final transfer of the vehicle's ownership until proof of this tax payment has been submitted.