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V0581-20 ·16 March 2020 ·consulta-vinculante Medium impact
Tax

Inheritance and Gift Tax reduction may apply to the transfer of family business shares

A family group has requested clarification regarding Wealth Tax exemptions and Inheritance and Gift Tax reductions concerning the transfer of shares in a holding company and its subsidiary. The Directorate General for Taxes (DGT) clarifies the requirements for economic activity, the compatibility of management functions, and the application of tax reductions.

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2020-03-16PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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