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V1036-20 ·24 April 2020 ·consulta-vinculante Medium impact
Tax

Termination of co-ownership taxed as documented legal acts if excess adjudication is unavoidable and compensated

An individual wishes to terminate the co-ownership of a property by acquiring 100% ownership and assuming the mortgage without providing monetary compensation to their former partner. The DGT indicates that taxation will depend on whether the excess adjudication is unavoidable and whether real economic compensation exists.

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2020-04-24PublishedPublished 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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