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V0347-22 ·23 February 2022 ·consulta-vinculante Medium impact
Tax

Beneficial ownership of shares must be taxed under Wealth Tax

A Spanish resident received beneficial ownership of foreign shares by donation. The DGT clarifies that such ownership is subject to Wealth Tax and examines the obligation to report foreign assets.

In 6 key points

How it affects those involved

Residents holding beneficial ownership of foreign shares through donation must declare them under Wealth Tax and provide information on foreign assets.

Lifecycle

2022-02-23PublishedPublished 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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