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V1093-20 ·28 April 2020 ·consulta-vinculante Medium impact
Tax

Capital gain or loss is generated when a common asset is allocated to a co-owner through economic compensation

Three siblings decide to extinguish the joint ownership of a plot of land by allocating it to one of them in exchange for cash compensation to the other two. The DGT responds that this distribution is not a simple division of the common property, but a transfer that generates capital results.

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Lifecycle

2020-04-28PublishedPublished 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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