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V2694-20 ·2 September 2020 ·consulta-vinculante Medium impact
Tax

Reinvestment exemption applicable if new home was purchased up to two years before selling the old one

A taxpayer purchased a new primary residence using external financing and plans to sell their current home in one year. The Tax Agency clarifies that the exemption applies as long as the proceeds are reinvested within a two-year period, whether before or after the sale.

In 6 key points

How it affects those involved

This clarification provides certainty for taxpayers who have already acquired a new home before selling their previous primary residence, confirming that the two-year window for reinvestment can be applied retroactively to the purchase date.

Lifecycle

2020-09-02PublishedPublished 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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