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V0257-22 ·14 February 2022 ·consulta-vinculante Medium impact
Tax

Reinvestment tax exemption requires the acquisition of shares or social interests

A taxpayer inquired whether contributing funds to a company's treasury is sufficient to qualify for the capital gains reinvestment exemption, or if a capital increase is required. The Directorate General for Taxes (DGT) ruled that only the acquisition of shares or social interests allows for the application of this exemption.

In 6 key points

How it affects those involved

Taxpayers seeking to mitigate capital gains tax through reinvestment must ensure they acquire equity rather than simply providing liquidity to a company.

Lifecycle

2022-02-14PublishedPublished 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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