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V1711-20 ·1 June 2020 ·consulta-vinculante Medium impact
Tax

Income tax exemption for gifting primary residence applies if donors are over 65

Individuals over 65 have enquired whether gifting their primary residence to their daughter is exempt from capital gains tax. The DGT has ruled that the exemption is applicable, provided the requirements regarding age and primary residence status are met.

In 6 key points

Lifecycle

2020-06-01PublishedPublished 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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