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V2055-22 ·23 September 2022 ·consulta-vinculante Medium impact
Tax

Loss of tax deduction for main residence investment upon change of habitual residence

A taxpayer inquired whether they could continue to claim a deduction for investment in their main residence after moving to a rented flat. The Directorate General for Taxes (DGT) ruled that the deduction is only applicable as long as the property maintains its status as the taxpayer's habitual residence.

In 5 key points

How it affects those involved

Taxpayers who move out of a property they have previously claimed deductions for must cease these claims, as the eligibility is strictly tied to the property serving as their primary residence.

Lifecycle

2022-09-23PublishedPublished 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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