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V2226-23 ·27 July 2023 ·consulta-vinculante Medium impact
Tax

Acquisition value cannot be updated during the division of common property

A co-owner of a property inquired whether acquisition values should be updated following the allocation of the property to a single spouse via a divorce decree. The DGT ruled that no change in assets occurs if the allocation respects the existing ownership share, thereby preventing the update of acquisition values.

In 6 key points

How it affects those involved

This ruling prevents taxpayers from artificially increasing the acquisition cost of an asset during a division of common property, provided the ownership proportions remain unchanged.

Lifecycle

2023-07-27PublishedPublished 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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