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V0026-24 ·13 February 2024 ·consulta-vinculante Medium impact
Tax

Exemption from Wealth Tax on entity shares depends on the nature of its activity

A taxpayer has queried whether their company's acquisition of shares in an Irish fund (ICAV) allows for the maintenance of the Wealth Tax exemption. The DGT explains that classifying the investee entity's activity as economic depends on the organisation of production means and human resources, in accordance with the Personal Income Tax Act (LIRPF).

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2024-02-13PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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