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V1106-24 ·22 May 2024 ·consulta-vinculante Medium impact
Tax

Gains from land donations to municipalities exempt from corporate tax

A company asks whether capital gains from donating land to a municipality are tax-exempt. The DGT responds that such gains are exempt under the Mecenazgo Law.

In 6 key points

How it affects those involved

Capital gains arising from donations of land to local governments are exempt from corporate tax under the Mecenazgo Law.

Lifecycle

2024-05-22PublishedPublished 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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