The Spanish «reference value», possible unconstitutionality?

Abstract

This paper aims to debate the possible unconstitutionality of the Spanish «reference value», starting, at first, from an analysis of this value and the singularities that the valuation of real estate must have. Next, the constitutional principles of non-confiscation and economic capacity will be briefly studied, in order to find their application to the Spanish «reference value» and, ultimately, reflect on their possible unconstitutionality.