Skip to content
V1559-22 ·30 June 2022 ·consulta-vinculante Medium impact
Tax

Reinvestment exemption does not apply to garages acquired separately from the main residence

A taxpayer inquired whether the reinvestment exemption could be applied after selling their primary residence and two garage spaces. The Directorate General for Taxes (DGT) ruled that the exemption only covers the residence and assimilated garage spaces, but excludes garages purchased at different times from the residence.

In 6 key points

How it affects those involved

This ruling clarifies that for the reinvestment exemption to apply to garage spaces, they must be considered assimilated assets to the primary residence, which is not the case if they were acquired independently.

Lifecycle

2022-06-30PublishedPublished 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