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V0214-23 ·10 February 2023 ·consulta-vinculante Medium impact
Tax

The usufructuary is the taxpayer for IBI, and the creation of a usufruct triggers the IIVTNU taxable event

An asset management company has requested clarification on who is liable for Property Tax (IBI) regarding properties where the usufruct is transferred to public bodies, and whether such a transfer triggers the Urban Land Value Increment Tax (IIVTNU). The Directorate General for Tax Affairs (DGT) has ruled that the usufructuary is the taxpayer for IBI and that the transfer of usufruct does indeed constitute the taxable event for IIVTNU.

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2023-02-10PublishedPublished 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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