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V0059-23 ·17 January 2023 ·consulta-vinculante Medium impact
Tax

Donation of a pharmacy in exchange for a life annuity is classified as an onerous donation

A married couple wishes to transfer their pharmacy to their daughters in exchange for a life annuity below market value. The DGT determines that the transaction constitutes an onerous donation and explains its taxation regarding VAT, Transfer Tax, Gift Tax, and Personal Income Tax.

In 6 key points

Lifecycle

2023-01-17PublishedPublished 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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