The allocation of funds to down payments for a dwelling prevents the accreditation of the immediate materialization of the maintenance of value
Technical details
Summary
The taxpayer asks whether divesting only the amount necessary to pay installments for a future dwelling fulfills the requirement of maintaining the reduction for family business in Inheritance Tax. The DGT responds that this requirement is not met because there is no reinvestment and immediate materialization in an asset that allows for the verification of the maintenance of value.