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V0563-22 ·18 March 2022 ·consulta-vinculante Medium impact
Tax

Share acquisitions in accelerated private placements may be exempt from ITF

A query was raised regarding whether the acquisition of shares in a company through an accelerated private placement for a capital increase is exempt from the ITF (Transaction Tax on Financial Instruments) and who the taxable person is. The DGT determines that the transaction is exempt as it derives from a share issue and due to the instrumental nature of the placement agents.

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2022-03-18PublishedPublished 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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