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V0510-22 ·14 March 2022 ·consulta-vinculante Medium impact
Tax

No capital gains or losses on asset transfers via Galician partition agreements

The taxpayer inquired whether the transfer of shares through a Galician succession partition agreement is exempt from Personal Income Tax (IRPF). The DGT ruled that this agreement is considered a gratuitous transfer due to death, meaning no capital gain or loss is generated.

In 6 key points

How it affects those involved

This ruling clarifies the tax treatment of Galician succession agreements, confirming they are treated as transfers due to death rather than standard asset transfers, thus avoiding capital gains tax implications.

Lifecycle

2022-03-14PublishedPublished 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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