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V1364-18 ·24 May 2018 ·consulta-vinculante Medium impact
Tax

Transfer of rights in a housing cooperative triggers capital gains tax and may be subject to Transfer Tax

A member of a social housing cooperative wishes to sell their rights to a successor for €60,000 after having contributed €50,000. The DGT rules that the transaction is subject to Personal Income Tax (IRPF) based on the difference between the acquisition and transfer values, and is subject to Transfer Tax (ITP) if the member is not a professional trader.

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2018-05-24PublishedPublished 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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