Skip to content
V2832-16 ·21 June 2016 ·consulta-vinculante Medium impact
Tax

Reduction for assets used in economic activity is not applicable if properties are not owned by the deceased

A query was raised regarding whether the reduction in Inheritance and Gift Tax for assets used in an economic activity applies to the acquisition of commercial premises. The DGT ruled that this is not possible because the premises were not owned by the deceased, but by a partner, and therefore cannot be considered assets used in the company's economic activity.

In 6 key points

Lifecycle

2016-06-21PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact