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V1589-21 ·26 May 2021 ·consulta-vinculante Medium impact
Tax

Capital gains or losses arise if asset allocation in the dissolution of community property exceeds the ownership share

A query was made regarding whether economic compensation in a community property liquidation following a divorce triggers taxation. The DGT ruled that standard allocation is not taxable; however, if one spouse receives assets with a value exceeding their ownership share, an alteration of assets occurs, resulting in a capital gain or loss.

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2021-05-26PublishedPublished 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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