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V1024-23 ·26 April 2023 ·consulta-vinculante Medium impact
Tax

Acquisition date and value must be distinguished between property acquired via community property and via inheritance

A taxpayer has requested clarification on how to determine the acquisition date and value of a property for gift tax purposes, given that the property was acquired partly through the dissolution of community property and partly through inheritance. The Directorate General of Taxes (DGT) ruled that these two components must be treated separately.

In 6 key points

How it affects those involved

Taxpayers owning property acquired through different legal titles must maintain separate records for acquisition dates and values to ensure correct calculation of capital gains or losses.

Lifecycle

2023-04-26PublishedPublished 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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