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V1543-21 ·24 May 2021 ·consulta-vinculante Medium impact
Tax

50% exemption cannot be applied if the property was acquired before the regulation came into force

Consultants inquired whether they could apply a 50% exemption on capital gains, having acquired their property on 10 May 2012, just hours before the regulation took effect. The DGT ruled that the exemption only applies to properties acquired from 12 May 2012 onwards.

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2021-05-24PublishedPublished 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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