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V0065-24 ·15 February 2024 ·consulta-vinculante Medium impact
Tax

Capital losses on shares require company liquidation or share transfer

A taxpayer inquired whether they could declare a capital loss on shares of a non-listed company undergoing liquidation, which they intend to transfer for a symbolic price. The Directorate General of Taxes (DGT) ruled that the loss is only recognised upon the liquidation of the company or through the sale of the shares.

In 6 key points

How it affects those involved

This ruling clarifies the specific triggers for recognising capital losses in non-listed companies, preventing taxpayers from artificially creating losses through symbolic transfers without actual liquidation or market-based sales.

Lifecycle

2024-02-15PublishedPublished 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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