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A query was raised regarding whether the segregation of estates and the subsequent dissolution of a community of property (without business activity) constitute a single taxable event. The DGT ruled that these are two independent acts that must be taxed separately.
This ruling clarifies that taxpayers cannot treat the segregation of assets and the dissolution of a community of property as a single transaction for tax purposes, necessitating separate tax filings for each act.
The tax team reviews your specific situation.
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