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V4397-16 ·14 October 2016 ·consulta-vinculante Medium impact
Tax

Presumption of no capital gains does not apply if the ten-year state period is not met

A query was raised regarding whether a regional reduction in Inheritance and Gift Tax allows for the presumption of no capital gains to be applied for Income Tax (IRPF) purposes. The Directorate General for Taxes (DGT) ruled that if regional regulations reduce the required holding period to less than the ten-year state requirement, the IRPF benefit cannot be applied.

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2016-10-14PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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