Skip to content
V0512-19 ·12 March 2019 ·consulta-vinculante Medium impact
Tax

Sale and repurchase of put options taxed as capital gains or losses

A taxpayer has enquired about the taxation of selling and subsequently repurchasing put options on official markets. The Directorate General for Taxes (DGT) has ruled that these transactions generate capital gains or losses at the moment the position is closed.

In 6 key points

How it affects those involved

This ruling clarifies the timing and nature of taxation for derivative transactions, confirming that the tax event occurs upon the closing of the position.

Lifecycle

2019-03-12PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact