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V1001-14 ·8 April 2014 ·consulta-vinculante Medium impact
Tax

Purchase of preferred shares generates capital gains in income tax

The tax treatment of the FROB's purchase of preferred shares and subordinated debt, subsequent sale of shares to the FGD, and the effect of an arbitral award is examined. Hacienda determines that the purchase generates capital gains and the sale of shares results in capital gains or losses.

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2014-04-08PublishedPublished 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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