Skip to content
V1085-14 ·14 April 2014 ·consulta-vinculante Medium impact
Tax

No capital gains or losses on the donation of shares if ISD requirements are met

The taxpayer asks whether the donation of shares in their family business allows for the avoidance of capital gains tax under Personal Income Tax (IRPF). The Directorate General for Taxes (DGT) rules that no capital gain or loss applies if the requirements for the reduction under Article 20.6 of the Inheritance and Gift Tax Law are satisfied.

In 6 key points

How it affects those involved

This ruling provides legal certainty for family businesses regarding the tax treatment of share transfers, confirming that meeting specific inheritance and gift tax reduction criteria prevents the triggering of capital gains tax.

Lifecycle

2014-04-14PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact