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V2832-16 21 June 2016 · SG de Impuestos Patrimoniales, Tasas y Precios Públicos Criterion in force
ISD · reducción por actividad económica

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.

The question raised

Cuestión planteada Si en el Impuesto sobre Sucesiones y Donaciones puede aplicarse la reducción por bienes afectos a una actividad económica.

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