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V0425-22 ·3 March 2022 ·consulta-vinculante Medium impact
Tax

Capital gains tax reduction applicable to the sale of a taxi licence due to permanent disability

A person receiving a permanent disability pension has enquired whether they can apply the reduction provided for in the seventh additional provision of the Personal Income Tax Law (LIRPF) when selling their taxi licence. The Directorate General for Taxes (DGT) has ruled that this is possible, provided that the income is determined via the objective estimation method and the transfer is a direct consequence of the disability.

In 6 key points

How it affects those involved

This ruling clarifies the tax benefits available to individuals with permanent disabilities when they are forced to divest business assets, such as taxi licences, ensuring they can access specific capital gains tax relief.

Lifecycle

2022-03-03PublishedPublished 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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