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V2723-19 ·4 October 2019 ·consulta-vinculante Medium impact
Tax

Excessive allocations in the dissolution of co-ownership may be taxed as onerous transfers or donations

A group of siblings intends to dissolve a co-ownership of land where each has constructed their own building, allocating plots of differing values without financial compensation. The DGT clarifies that, unless it is proven that ownership of the buildings was acquired through a title separate from the land, any excess in value will be taxed as onerous transfers or under Inheritance and Gift Tax.

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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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