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V2570-14 ·1 October 2014 ·consulta-vinculante Medium impact
Tax

Conversion of private property into a common element is subject to ITPAJD or ISD depending on the legal instrument used

A homeowners' association has requested clarification regarding the taxation of the free transfer of a semi-basement (erroneously registered as the developer's private property) to convert it into a common element. The DGT indicates that the transfer of ownership must be taxed under ITPAJD or ISD, whereas the modification of participation coefficients does not trigger the tax.

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2014-10-01PublishedPublished 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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