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V1443-20 ·18 May 2020 ·consulta-vinculante Medium impact
Tax

Splitting a property does not alter its value or acquisition date for capital gains tax purposes

A taxpayer inquired about calculating capital gains following the subdivision of land inherited in 1975 and the subsequent sale of one of the plots. The Directorate General for Taxes (DGT) ruled that the subdivision does not change the value or the acquisition date of the original property.

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2020-05-18PublishedPublished 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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