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V0564-21 ·11 March 2021 ·consulta-vinculante Medium impact
Tax

Consolidation of ownership upon death of usufructuary subject to ITPAJD rather than Inheritance Tax

A person holding the bare ownership of a property seeks clarification on the tax treatment following the death of the usufructuary. The DGT clarifies that, as the dismemberment of ownership resulted from an onerous transaction, ITPAJD applies instead of Inheritance Tax.

In 6 key points

Lifecycle

2021-03-11PublishedPublished 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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