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V0207-26 ·4 February 2026 ·consulta-vinculante Medium impact
Tax

Acquisition value of shares received is market value at delivery date

An employee asks how to determine the acquisition value of shares received in a share issuance program to calculate capital gain upon sale. The DGT clarifies that shares received free of charge have an acquisition value equal to the market value at the date of delivery, while shares purchased by the employee have an acquisition value equal to the actual amount paid.

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2026-02-04PublishedPublished 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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