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V1791-22 ·27 July 2022 ·consulta-vinculante Medium impact
Tax

Division of common property without excess value does not generate capital gains or losses for Personal Income Tax purposes

Two siblings, each owning 50% of two properties, wish to dissolve their co-ownership by each being allocated one flat of equal value. The Directorate General for Taxes (DGT) rules that this operation does not constitute a change in the composition of their assets.

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2022-07-27PublishedPublished 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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