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V0018-22 ·4 January 2022 ·consulta-vinculante Medium impact
Tax

No capital gains or losses on asset transfers via regional succession agreements

The taxpayer inquired whether transferring assets to descendants through a succession agreement of definition (Balearic civil law) is subject to Personal Income Tax (IRPF). The Directorate General for Taxes (DGT) ruled that these transfers are considered gratuitous transfers by reason of death and, therefore, do not generate capital gains or losses.

In 6 key points

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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