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V0940-22 ·29 April 2022 ·consulta-vinculante Medium impact
Tax

95% Gift Tax reduction applicable if family group meets Wealth Tax exemption requirements

A taxpayer inquired whether a 95% reduction in Gift Tax could be applied when donating company shares to their children. The Directorate General for Taxes (DGT) ruled that this is possible provided the Wealth Tax exemption requirements are met, which may be satisfied collectively by the family group.

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2022-04-29PublishedPublished 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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