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V0290-14 ·8 February 2014 ·consulta-vinculante Medium impact
Tax

Potential application of 95% Gift Tax reduction to future partial transfers of company shares

The taxpayer inquired whether partial transfers of company shares could benefit from the reduction provided under the Inheritance and Gift Tax Act. The DGT ruled that, provided the requirements for Wealth Tax exemption are met and the conditions regarding age, management roles, and continuity are satisfied, the reduction may be applied to future transfers based on the value of the shares donated.

In 6 key points

How it affects those involved

This ruling provides legal certainty for business succession planning, allowing for incremental transfers of company ownership while maintaining tax benefits.

Lifecycle

2014-02-08PublishedPublished 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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