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V0451-20 ·26 February 2020 ·consulta-vinculante Medium impact
Tax

Capital increases are exempt, while capital reductions are subject to Stamp Duty as corporate transactions

A query was raised regarding the taxation of a capital increase and a capital reduction involving the transfer of real estate to settle debts. The DGT has determined that both constitute corporate transactions, with the capital increase being exempt and the reduction subject to tax.

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2020-02-26PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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