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V0078-21 ·22 January 2021 ·consulta-vinculante Medium impact
Tax

Issuance of fully paid bonus shares does not constitute income and preserves the original shares' holding period

The applicant asks whether receiving bonus shares instead of cash dividends triggers taxation on the dividend and whether that amount should be used as the acquisition value. The DGT rules that the issuance of fully paid bonus shares does not generate income and that the total cost is allocated between the original and new shares.

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2021-01-22PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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