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V0123-22 ·24 January 2022 ·consulta-vinculante Medium impact
Tax

Subrogation in succession agreements allows application of transitional regime for assets acquired before 1994

A query was raised regarding whether a beneficiary of a Galician succession agreement with present effects can subrogate into the position of the deceased to apply reduction coefficients. The DGT ruled that subrogation encompasses both the value and the date of acquisition, thereby allowing the transitional regime to be applied if the acquisition date precedes 1994.

In 6 key points

How it affects those involved

This ruling provides legal certainty for beneficiaries of succession agreements in Galicia, enabling them to benefit from more favourable tax regimes based on the original acquisition dates of the assets.

Lifecycle

2022-01-24PublishedPublished 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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