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V0764-19 ·8 April 2019 ·consulta-vinculante Medium impact
Tax

Recovery of property through contract rescission is subject to Stamp Duty

Consultants inquired about the taxes applicable to the heirs of sellers when a sale is rescinded due to non-payment. The DGT ruled that the recovery of the property does not constitute a new onerous transfer; instead, the deed must be taxed under the Stamp Duty (Actos Jurídicos Documentados) modality.

In 6 key points

How it affects those involved

This ruling clarifies that the reversal of a sale due to breach of contract is not treated as a new transfer of property for tax purposes, but rather as a documented legal act, potentially reducing the tax burden compared to a standard property transfer tax.

Lifecycle

2019-04-08PublishedPublished 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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