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V1071-21 ·23 April 2021 ·consulta-vinculante Medium impact
Tax

Recovery of ownership through contract rescission is not subject to transfer tax

Consultants inquired whether the recovery of a plot of land following the rescission of a barter agreement is subject to Transfer Tax (ITP). The Directorate General for Taxes (DGT) ruled that the recovery of ownership does not constitute a new transfer and is therefore not subject to the transfer tax modality.

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2021-04-23PublishedPublished 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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