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V1890-14 ·15 July 2014 ·consulta-vinculante Medium impact
Tax

Selling an inherited property generates a capital gain or loss subject to Personal Income Tax

A taxpayer has enquired about the taxation of the sale of a property acquired through inheritance. The Directorate General for Taxes (DGT) explains that the difference between the transfer value and the acquisition value must be calculated, applying the valuation rules for assets acquired by way of gratuity.

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2014-07-15PublishedPublished 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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