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V0699-14 ·13 March 2014 ·consulta-vinculante Medium impact
Tax

Repurchase of preferred shares generates returns on movable capital for Income Tax purposes

The applicant inquires about the tax treatment of the repurchase of preferred shares and the subscription of shares following a FROB resolution. The DGT rules that the transaction generates a return on movable capital based on the difference between the repurchase price and the acquisition value.

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2014-03-13PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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