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V3057-18 ·28 November 2018 ·consulta-vinculante Medium impact
Tax

Reinvestment exemption may apply if proceeds from sale of primary residence replenish savings used for new home purchase

The taxpayer asks whether they can benefit from the reinvestment exemption if they use the proceeds from the sale of their primary residence to replenish funds previously used to purchase a new home. The Directorate General for Taxes (DGT) responds that this is possible, provided that the requirements regarding time limits and the status of the property as a primary residence are met, due to the fungible nature of money.

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2018-11-28PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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