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V2204-25 ·17 November 2025 ·consulta-vinculante Low impact
Tax

No progressive exemption applies to Spanish resident selling property in China

A Spanish resident asks whether the progressive exemption regime under the Spain-China agreement applies to the sale of property in China. The DGT states that since the gain is taxable in both countries, the double taxation relief method applies instead of the exemption method.

In 6 key points

How it affects those involved

Spanish residents selling property in China must apply the deduction for double taxation rather than the progressive exemption.

Lifecycle

2025-11-17PublishedPublished 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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