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V1957-20 ·16 June 2020 ·consulta-vinculante Medium impact
Tax

Sale of common property by a homeowners' association generates capital gains or losses attributable to co-owners

A query was made regarding the Personal Income Tax (IRPF) treatment of the sale of a flat owned by a homeowners' association. The Directorate General for Taxes (DGT) ruled that homeowners' associations are considered communities of property, and any income is attributed to the members or co-owners.

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2020-06-16PublishedPublished 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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