Skip to content
V1322-23 ·18 May 2023 ·consulta-vinculante Medium impact
Tax

Reinvestment exemption applicable if sale proceeds are used to acquire part of a new property

The taxpayer asks whether the reinvestment exemption can be applied when selling their primary residence to purchase 50% of a new property. The Directorate General for Taxes (DGT) rules that this is possible, provided the amount obtained is reinvested in the acquisition of the new primary residence within the legal timeframes.

In 5 key points

How it affects those involved

This ruling clarifies that the reinvestment exemption is not restricted to full ownership acquisitions, allowing for partial reinvestment in new primary residences.

Lifecycle

2023-05-18PublishedPublished 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