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V1735-21 ·4 June 2021 ·consulta-vinculante Medium impact
Tax

Exchange of rural properties generates capital gains or losses based on the higher market value

A father and his children exchange rural properties (bare ownership and usufruct) not related to economic activity. The DGT rules that the gain or loss is calculated by comparing the acquisition value with the higher of the two market values of the exchanged assets.

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2021-06-04PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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