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V0618-25 ·2 April 2025 ·consulta-vinculante Medium impact
Tax

Exemption from capital gains from reinvestment in life annuities for those over 65

A taxpayer over 65 enquires about the conditions for applying the exemption resulting from reinvesting proceeds from the sale of a patrimonial asset into a life annuity. The DGT outlines the legal and regulatory conditions under which this exemption is valid.

In 6 key points

How it affects those involved

Allows older taxpayers to reinvest proceeds from the sale of assets into life annuities without incurring capital gains tax.

Lifecycle

2025-04-02PublishedPublished 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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