Skip to content
Back to index
V5205-16 1 December 2016 · SG de Impuestos Patrimoniales, Tasas y Precios Públicos Criterion in force
ITPAJD · cooperativa protegida

Protected cooperatives may benefit from ITP and AJD exemptions under Law 20/1990

A query was made regarding potential ITP and AJD exemptions for a housing cooperative. The DGT clarifies that tax benefits depend on whether the entity is classified as a protected or specially protected cooperative under Law 20/1990.

The question raised

Possible exemption from Transfer Tax and Stamp Duty

The DGT's ruling

Protected cooperatives are exempt from Transfer Tax and Stamp Duty for acts of incorporation, capital increases, mergers, demergers, loans, and acquisitions for the education and promotion fund. Specially protected cooperatives also benefit from an exemption for the acquisition of assets intended for their social purposes. The application of these benefits does not require prior administrative declaration and must be verified by the liquidating offices.

Book your free first meeting