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V2866-20 ·23 September 2020 ·consulta-vinculante Medium impact
Tax

Income tax exemption for donation of primary residence to those over 65 may apply

A 68-year-old taxpayer inquired whether they could apply for an exemption regarding the donation of a percentage of their primary residence to their son. The Directorate General of Taxes (DGT) ruled that the exemption for capital gains derived from such a donation is indeed applicable.

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2020-09-23PublishedPublished 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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