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V1816-18 ·21 June 2018 ·consulta-vinculante Medium impact
Tax

Selling an asset used for business purposes to settle a debt may lead to the loss of the family business relief

A query was raised regarding whether selling an asset used for economic activity to repay a debt triggers the loss of the family business relief under Inheritance Tax. The DGT indicates that the law requires the acquisition value to be maintained and that acts of disposal which substantially reduce said value are not permitted.

In 6 key points

Lifecycle

2018-06-21PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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