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V1732-20 ·2 June 2020 ·consulta-vinculante Medium impact
Tax

Acquisition of shares in co-owned property subject to ITPAJD and IIVTNU taxes

Siblings wish to terminate the co-ownership of an inherited property by allocating it to one of them through financial compensation, while maintaining joint ownership of other assets. The DGT has ruled that this constitutes a sale and purchase rather than a dissolution of a community of property, meaning it is subject to taxation as an onerous transfer.

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2020-06-02PublishedPublished 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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