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V2213-17 ·5 September 2017 ·consulta-vinculante Medium impact
Tax

The €400,000 seniority reduction limit applies individually to each taxpayer

A married couple under the community property regime (gananciales) has enquired how to apply the €400,000 seniority reduction limit when transferring shares acquired before 1995. The Directorate General of Taxes (DGT) clarifies that ownership of community property is attributed equally to each spouse and that the €400,000 limit must be applied individually.

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2017-09-05PublishedPublished 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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