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V0225-24 ·28 February 2024 ·consulta-vinculante Medium impact
Tax

Transfer of life usufruct and bare ownership triggers IETI tax liability

A query was raised regarding the calculation of municipal capital gains tax (plusvalía municipal) in a transaction involving the transfer of a life usufruct and a portion of full ownership and bare ownership. The DGT clarifies that the taxable base is determined by applying generation coefficients to the value of the transferred rights, calculated in accordance with ITP and AJD regulations.

In 6 key points

Lifecycle

2024-02-28PublishedPublished 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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