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V1945-22 ·13 September 2022 ·consulta-vinculante Medium impact
Tax

Improvements to a usufructuary asset are not subject to Inheritance Tax, but to Transfer Tax and Stamp Duty

A taxpayer asks whether the value of improvements made to a usufructuary estate must be included in Inheritance Tax following the death of the usufructuaries. The DGT responds that such improvements do not form part of the estate and must be taxed under Transfer Tax and Stamp Duty upon the consolidation of ownership.

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Lifecycle

2022-09-13PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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