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Practical Income Manual 2022.

Transitional regime applicable to capital gains derived from assets acquired prior to December 31, 1994 (reducing or abatement percentages)

Regulations: transitional provision ninth Law Personal Income Tax

Once the capital gain obtained has been determined, applying the general rules discussed in the previous section or, where appropriate, one of the special rules that are examined in the following section, its amount can be subject to reduction by application of the corresponding reducing percentages or reduction of the transitional regime, provided that the value of all the transfers made from January 1, 2015 with the right to apply the percentages does not exceed 400,000 euros.

  1. 1. Requirements for the application transitional system
  2. 2. Calculation of the part of the capital gain generated before January 20, 2006
  3. 3. Calculation of the applicable reduction in accordance with the ninth transitional provision of the Personal Income Tax Law