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V1633-21 ·28 May 2021 ·consulta-vinculante Medium impact
Tax

Reinvestment exemption applies if new home cost covers sale proceeds minus outstanding debt

The inquirer asks what amount must be reinvested to benefit from the exemption following the sale of their primary residence. The DGT clarifies that, if external financing was used, the amount to be reinvested is the transfer value minus the outstanding loan principal.

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2021-05-28PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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