Skip to content
V1066-20 ·24 April 2020 ·consulta-vinculante Medium impact
Tax

Self-built property acquisition is deemed to occur upon completion of works

A taxpayer inquired about the method to certify the completion date of a self-built home to satisfy reinvestment period requirements. The DGT ruled that in self-build projects, acquisition occurs when the works are completed, and the taxpayer bears the burden of proving this date.

In 6 key points

How it affects those involved

Taxpayers undertaking self-build projects must ensure they have robust evidence to certify the exact date of completion to comply with reinvestment rules for capital gains tax exemptions.

Lifecycle

2020-04-24PublishedPublished 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