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V0126-24 ·15 February 2024 ·consulta-vinculante Medium impact
Tax

Two-year deadline for principal residence reinvestment exemption cannot be extended

The applicant inquired whether the two-year period for reinvesting proceeds from the sale of their principal residence could be extended due to circumstances beyond their control, or if a notary deed would suffice to meet the requirement. The DGT ruled that the deadline is strict and does not allow for extensions, nor is a notary deed considered a reinvestment without the legal acquisition of the property.

In 6 key points

How it affects those involved

This ruling reinforces the strictness of tax deadlines for reinvestment exemptions, meaning taxpayers cannot rely on external delays or formal declarations to extend the statutory period.

Lifecycle

2024-02-15PublishedPublished 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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