Skip to content
V0115-22 ·24 January 2022 ·consulta-vinculante Medium impact
Tax

No capital gains tax on business donations if requirements of Art. 20.6 ISD Law are met

A taxpayer over 65 donated their agricultural business to their children and inquired whether the Personal Income Tax (IRPF) exemption could be applied. The Directorate General for Taxes (DGT) ruled that no capital gain or loss will arise if the requirements of Article 20.6 of the Inheritance and Gift Tax Law are satisfied.

In 6 key points

Lifecycle

2022-01-24PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact