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V0817-14 ·24 March 2014 ·consulta-vinculante Medium impact
Tax

No capital gains tax on share donations if LISD requirements are met

A taxpayer over 65 inquired whether donating shares to his stepson would exempt him from paying personal income tax (IRPF) on capital gains. The Directorate General for Taxes (DGT) ruled that non-taxability applies if the requirements of Article 20.6 of the LISD are met, noting that regional regulations are irrelevant in this matter.

In 5 key points

How it affects those involved

This ruling clarifies that the tax exemption for donations to certain relatives depends on compliance with national law (LISD) rather than regional tax rules, providing legal certainty for taxpayers over 65 regarding the transfer of business interests.

Lifecycle

2014-03-24PublishedPublished 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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