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V0215-26 ·4 February 2026 ·consulta-vinculante Medium impact
Tax

Issuance premium distribution reduces acquisition value; excess taxed as capital gains

The tax treatment in personal income tax of partial distribution of an issuance premium in a limited company is consulted. The DGT responds that the amount received reduces the acquisition value of shares and only the excess is subject to capital gains tax.

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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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