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V2527-24 ·10 December 2024 ·consulta-vinculante Medium impact
Tax

Contributions to a cooperative may be included in the acquisition value of a property

A taxpayer has enquired whether contributions made to a cooperative for the purpose of acquiring a home can be counted as part of the acquisition value. The Directorate General for Taxes (DGT) has ruled that these may be included if it is demonstrated that they were specifically intended for the purchase of the property.

In 5 key points

How it affects those involved

This ruling clarifies the tax treatment of cooperative contributions, potentially reducing the capital gains tax liability when a property is subsequently sold, provided the specific purpose of the funds can be proven.

Lifecycle

2024-12-10PublishedPublished 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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