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V2196-16 ·20 May 2016 ·consulta-vinculante Medium impact
Tax

Restitution of land following judicial annulment of an exchange is not subject to transfer tax

A query was raised regarding whether the return of land following a judicial ruling to annul an exchange agreement is subject to Transfer Tax (ITP). The Directorate General for Taxes (DGT) has determined that restitution does not constitute a new transfer, but rather the recovery of the asset by the original owner.

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2016-05-20PublishedPublished 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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