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V0016-22 ·4 January 2022 ·consulta-vinculante Medium impact
Tax

No capital gains or losses on transfers via present-day succession agreements

The taxpayer inquired whether the transfer of a plot of land to her son through a succession agreement with present effects is exempt from Personal Income Tax (IRPF). The Directorate General for Taxes (DGT) ruled that such transfers are considered gratuitous transfers by reason of death and are not subject to capital gains tax.

In 6 key points

How it affects those involved

This ruling clarifies that transfers made through succession agreements with present effects are treated as transfers by reason of death, thereby exempting them from capital gains tax under IRPF.

Lifecycle

2022-01-04PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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