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V1094-20 ·28 April 2020 ·consulta-vinculante Medium impact
Tax

Dissolving a co-ownership through asset allocation to one co-owner generates a capital gain or loss

Two owners of a commercial premises decide to dissolve their co-ownership by allocating the property to one of them in exchange for assuming the mortgage debt. The DGT rules that this scenario constitutes a change in the composition of assets and generates capital gains or losses.

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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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