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V0093-21 ·27 January 2021 ·consulta-vinculante Medium impact
Tax

Formation of a Compensation Board is not subject to transfer tax or Stamp Duty if it lacks economic content

A query was raised regarding whether the deed of formation of a Compensation Board is subject to Transfer Tax (ITP) and Stamp Duty (AJD). The DGT ruled that no transfer of assets occurs and that, regarding Stamp Duty, non-liability depends on whether the deed contains economic value or is registrable in the relevant registries.

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2021-01-27PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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