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V1609-21 ·27 May 2021 ·consulta-vinculante Medium impact
Tax

Donating real estate generates a capital gain or loss for Income Tax purposes

A taxpayer inquired about the tax implications of donating real estate to their child in their Income Tax return. The Directorate General for Taxes (DGT) ruled that the transaction generates a capital gain or loss, calculated according to the rules governing gratuitous transfers.

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2021-05-27PublishedPublished 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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