Skip to content
V0599-20 ·16 March 2020 ·consulta-vinculante Medium impact
Tax

Sale of shares in a real estate company to an Indonesian resident may be exempt from Spanish tax

An Indonesian resident enquires about taxation on the sale of 21.84% of a Spanish company whose assets are predominantly real estate. The DGT determines that capital gains are only taxable in Indonesia under the Double Taxation Agreement and examines potential VAT or ITPAJD liability for tax avoidance purposes.

In 6 key points

Lifecycle

2020-03-16PublishedPublished 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