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V0938-25 ·27 May 2025 ·consulta-vinculante Medium impact
Tax

Return of capital via property may be treated as capital gains

The consultant asks about the tax treatment of a capital reduction in a limited company where capital is returned by delivering real estate. The DGT explains that the market value of the property may reduce the acquisition value of shares or be treated as capital gains depending on its origin.

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2025-05-27PublishedPublished 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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