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V0316-22 ·18 February 2022 ·consulta-vinculante Medium impact
Tax

Reinvestment exemption denied for non-primary residences; energy efficiency deductions subject to specific work requirements

The taxpayer inquired whether the reinvestment exemption applies when selling a non-primary residence and if energy efficiency works are deductible. The Directorate General for Taxes (DGT) ruled that the exemption does not apply as the transferred property is not the taxpayer's primary residence, and that deductions depend on meeting specific requirements regarding the works and energy certificates.

In 6 key points

How it affects those involved

Taxpayers selling secondary properties cannot benefit from the reinvestment exemption to defer capital gains tax, and must ensure energy efficiency works strictly adhere to regulatory standards to qualify for tax deductions.

Lifecycle

2022-02-18PublishedPublished 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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