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V0594-24 ·9 April 2024 ·consulta-vinculante Medium impact
Tax

95% Inheritance and Gift Tax reduction denied due to failure to meet Wealth Tax exemption requirements

A query was raised regarding whether a 95% reduction in Inheritance and Gift Tax applies to the donation of shares in a real estate leasing company. The Directorate General for Taxes (DGT) ruled that this is not possible because the company does not meet the requirements for exemption from Wealth Tax.

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2024-04-09PublishedPublished 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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