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V1331-26 ·29 May 2026 ·consulta-vinculante Medium impact
Tax

Gain or loss on usufruct and bare property must be calculated separately

The consultant and her daughter sold a property, with one holding the usufruct and the other the bare property. Hacienda states each must calculate their own gain or loss based on their respective ownership.

In 6 key points

How it affects those involved

Each party must determine their individual gain or loss on the property transaction based on their ownership rights.

Lifecycle

2026-05-29PublishedPublished 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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