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V0459-18 ·20 February 2018 ·consulta-vinculante Medium impact
Tax

Sale of a pharmacy generates business income or capital gains depending on the asset transferred

A person over 65 seeks advice on how to tax the sale of their pharmacy if they intend to reinvest part of the proceeds into a life annuity. The DGT clarifies that the sale of stock constitutes business income, whereas the sale of fixed assets results in a capital gain.

In 6 key points

Lifecycle

2018-02-20PublishedPublished 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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