Skip to content
Back to index
V3659-20 29 December 2020 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · exención por reinversión

Two-year window for home reinvestment tax exemption suspended between March and May 2020

A query was raised regarding whether the state of alarm and COVID-19 mobility restrictions affected the two-year period allowed to reinvest proceeds from the sale of a primary residence. The Directorate-General for Taxes (DGT) ruled that the calculation of this period was suspended only during the timeframe between 14 March and 30 May 2020.

The question raised

Question raised: Whether the validity of the state of alarm declared as a result of the COVID-19 epidemic, as well as the mobility restrictions imposed in the Autonomous Community of Catalonia, affect the calculation of the two-year period referred to in Article 38 of the LIRPF in relation to the exemption for reinvestment in the primary residence.

The DGT's ruling

The two-year period for the reinvestment of the amount obtained from the disposal of the primary residence was affected by the regulations on urgent measures due to COVID-19. The calculation of said period was only suspended from the entry into force of Royal Decree 463/2020, on March 14, 2020, until May 30, 2020.

Email
Contact