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V0314-22 ·18 February 2022 ·consulta-vinculante Medium impact
Tax

Exemption for main residence for those over 65 does not apply to the transfer of usufruct

A widow over the age of 65 enquired whether the sale of her main residence was exempt from Personal Income Tax (IRPF), including the portion of the usufruct she held by right of inheritance. The Directorate General for Taxes (DGT) ruled that the exemption only applies to the gain derived from the transfer of full ownership, not from the usufruct.

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2022-02-18PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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