188.8.131.52. Transfer of assets in exchange for a temporary or lifelong annuity
In the transfer of assets in exchange for a temporary or life annuity, the capital gain or loss will be determined by the difference between the current actuarial financial value of the income and the acquisition value of the assets transferred, and will be allocated to the tax period. in which the income is constituted (art. 14.2.d) Law).
Note: If the asset transferred is the habitual residence and the transferor of the same is over 65 years of age or a person in a situation of severe dependency or great dependency, the capital gain that may be derived from this operation is exempt.