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Extinction of Usufruct: DGT doctrinal evolution

How the DGT's position on this topic has evolved, and the rulings it rests on.

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How the DGT's position has evolved

Settled doctrine High confidence 14 rulings · 2014–2026

Current position

The consolidation of ownership due to the extinction of usufruct following an onerous dismemberment of ownership is taxed via ITPAJD (Transfer Tax and Stamp Duty) based on the percentage that was not taxed during the acquisition of the bare ownership. The real value of the asset at the time of consolidation and the average tax rate calculated at the time of the creation of the right must be applied. This obligation persists even if the initial acquisition of the bare ownership was subject to IVA (VAT).

The DGT's position remains constant in interpreting the consolidation of ownership as a single settlement divided into two stages. Rulings confirm that extinction due to the death of the usufructuary in onerous dismemberments triggers ITPAJD on the current value of the asset. No change in criterion is observed, but rather a reiteration of the application of the average tax rate and the tax base on the real value.

Analysis based on 14 of 14 rulings with a stated position. Updated 26 September 2026.

Rulings on this topic

14
V0808-26 13 Apr 2026

Medium tax rate to be applied when domain is consolidated

SG de Impuestos Patrimoniales, Tasas y Precios Públicos
consolidación del dominiousufructo vitalicionuda propiedadtipo medio efectivo de gravamendesmembración del dominio LISD — Ley 29/1987 de Sucesiones y Donaciones art. 26.cRISD RD 1629/1991
Affects CompanyExpat · Non-residentIndividual
V1996-20 17 Jun 2020

Tax liability arising from the consolidation of ownership via ITPAJD

SG de Impuestos Patrimoniales, Tasas y Precios Públicos
consolidación del dominionuda propiedadusufructotransmisiones patrimoniales onerosasvalor real LISD — Ley 29/1987 de Sucesiones y Donaciones art. 26.cRD 828/1995
Affects CompanyExpat · Non-residentIndividual

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