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V0905-15 ·23 March 2015 ·consulta-vinculante Medium impact
Tax

Intangible asset tax reduction cannot be applied if assets were created by an individual shareholder

A company has enquired whether it can apply the tax reduction on income from intangible assets (Art. 23 TRLIS) to patents contributed by an individual shareholder. The Directorate General for Taxes (DGT) has ruled that this is not possible, as the individual cannot benefit from said reduction and no subrogation occurs in this instance.

In 6 key points

How it affects those involved

This ruling limits the ability of companies to claim tax relief on intangible assets that were originally developed by individual shareholders through non-monetary contributions.

Lifecycle

2015-03-23PublishedPublished 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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