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V0713-19 ·29 March 2019 ·consulta-vinculante Medium impact
Tax

Exemption for handing over primary residence to settle debt depends on lack of other assets to pay debt

A query was raised regarding whether the Personal Income Tax (IRPF) exemption applies to the handing over of a primary residence to settle a mortgage. The Directorate General for Tax Assurance (DGT) indicates that to apply this exemption, the owner must not possess sufficient other assets or rights to settle the debt.

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2019-03-29PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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