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V0247-20 ·4 February 2020 ·consulta-vinculante Medium impact
Tax

No capital gain or loss on the donation of shares if requirements of Art. 20.6 of the IHT and Gift Tax Act are met

An individual proposes to donate their shares in a limited company to their son. The DGT responds that, although donations typically generate capital gains or losses, an exception exists that allows for the presumption of their non-existence if the requirements of Article 20.6 of the Inheritance and Gift Tax Act are satisfied.

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Lifecycle

2020-02-04PublishedPublished 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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