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V0763-17 ·27 March 2017 ·consulta-vinculante Medium impact
Tax

Transfer of primary residence as debt settlement may be exempt from Income Tax under specific conditions

A query was raised regarding whether transferring a property through debt settlement (dación en pago) to cancel a mortgage debt allows for an Income Tax exemption. The Directorate General for Tax (DGT) indicates that the exemption applies provided all established legal requirements are met.

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2017-03-27PublishedPublished 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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