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V0739-22 ·5 April 2022 ·consulta-vinculante Medium impact
Tax

Transfer of cooperative shares or withdrawal of a member generates capital gains or losses for Personal Income Tax

The taxpayer inquires about the calculation of capital gains or losses when transferring shares in an agricultural cooperative or upon withdrawal. The Directorate General for Taxes (DGT) clarifies that both scenarios are taxed as capital variations within the savings tax base.

In 6 key points

How it affects those involved

This ruling clarifies the tax treatment for cooperative members, ensuring that both the sale of shares and the formal withdrawal from the cooperative are correctly categorised as capital gains or losses for income tax purposes.

Lifecycle

2022-04-05PublishedPublished 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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