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V0095-17 ·19 January 2017 ·consulta-vinculante Medium impact
Tax

Trustee of an Aragonese trust to be taxed on usufruct or full ownership depending on powers

Consultants inquired how a surviving spouse should be taxed within an Aragonese trust. The DGT ruled that taxation is governed by Article 26 of the LISD, depending on whether the trustee holds the right to enjoyment or the power of disposal.

In 6 key points

How it affects those involved

This ruling clarifies the tax treatment for trustees in Aragonese trusts, establishing that the specific powers granted (enjoyment vs. disposal) determine whether the tax applies to the usufruct or the full ownership.

Lifecycle

2017-01-19PublishedPublished 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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