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V0709-21 ·25 March 2021 ·consulta-vinculante Medium impact
Tax

The dissolution of co-ownership with excess adjudication is taxed under Personal Income Tax, Real Estate Tax, and Transfer Tax depending on the case

Cousins inquire about the taxation of the dissolution of a co-ownership of three properties where one of them will receive the entirety of the assets by providing economic compensation to the other. The DGT analyzes the impact on Personal Income Tax, the urban land value increment tax, and the transfer tax.

In 6 key points

Lifecycle

2021-03-25PublishedPublished 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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