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V1316-21 ·11 May 2021 ·consulta-vinculante Medium impact
Tax

Income tax exemption available for donation of primary residence by individuals over 65

An individual over the age of 65 wishes to donate their primary residence to their children after acquiring full ownership through inheritance. The Directorate General of Taxes (DGT) has ruled that the donation of a primary residence by persons over 65 is exempt from capital gains tax under Personal Income Tax (IRPF).

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2021-05-11PublishedPublished 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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