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V2195-24 ·14 October 2024 ·consulta-vinculante Medium impact
Tax

Income tax exemption for donation of main residence may apply if residency requirements are met

A taxpayer over 65 has enquired whether they can apply for a capital gains tax exemption when donating their main residence to their children. The Directorate General for Taxes (DGT) clarifies that the exemption is available if the property has served as the main residence at the time of transfer or during the two years prior.

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2024-10-14PublishedPublished 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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