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V0260-20 ·4 February 2020 ·consulta-vinculante Medium impact
Tax

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

A taxpayer inquired about the Personal Income Tax (IRPF) implications regarding the donation of company shares to their daughters. The Directorate General for Taxes (DGT) ruled that no capital gain or loss will arise provided the requirements set out in Article 20.6 of the Inheritance and Gift Tax Act are satisfied.

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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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