Skip to content
V0959-17 ·18 April 2017 ·consulta-vinculante Medium impact
Tax

Sale of inherited artworks generates capital gains or losses

A taxpayer has enquired about the taxation of the sale of artworks received through a legacy and the income derived from their exploitation. The DGT states that the sale generates capital gains or losses, and that income from the licensing or rental of the works constitutes returns on movable capital, unless the organisation of exhibitions constitutes an economic activity.

In 6 key points

Lifecycle

2017-04-18PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact