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V2722-19 ·4 October 2019 ·consulta-vinculante Medium impact
Tax

Horizontal division and exchange of shares between co-owners taxed separately under ITPAJD

A taxpayer queried the taxation of a transaction involving the horizontal division of a building and the allocation of specific properties to each sibling through the exchange of their undivided shares. The DGT ruled that these are two distinct operations: horizontal division subject to Documented Legal Acts and the exchange subject to Onerous Patrimonial Transfers.

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2019-10-04PublishedPublished 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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