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V2320-20 ·7 July 2020 ·consulta-vinculante Medium impact
Tax

Exemption for vehicle resale maintained if sold within one year, regardless of whether the new owner de-registers the vehicle

A vehicle dealership has enquired whether the tax exemption remains valid if the new buyer de-registers the vehicle. The DGT has ruled that the exemption becomes permanent if the sale is justified within one year of the initial acquisition.

In 5 key points

How it affects those involved

This ruling provides legal certainty for vehicle traders, confirming that the subsequent status of the vehicle (whether it is kept or scrapped) does not affect the tax exemption eligibility, provided the resale occurs within the one-year timeframe.

Lifecycle

2020-07-07PublishedPublished 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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