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V3008-19 ·28 October 2019 ·consulta-vinculante Medium impact
Tax

Variable AJT tax must be paid on estate modification and separation of a co-owner

A property owner has enquired about the taxes due when dividing an estate into horizontal property to allocate shares to co-owners. The DGT has ruled that the operation involves two taxable events for Stamp Duty (AJD).

In 6 key points

How it affects those involved

The ruling clarifies that the division of an estate and the subsequent allocation of shares to co-owners trigger separate Stamp Duty liabilities based on the variable rate.

Lifecycle

2019-10-28PublishedPublished 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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