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V1109-14 ·15 April 2014 ·consulta-vinculante Medium impact
Tax

Exchanging shares for interests in other entities may lead to the loss of donation tax relief

A query was raised regarding whether swapping shares donated with family business relief for shares in other held entities would affect the maintenance of said benefit. The DGT indicates that if the transaction results in the loss of the Wealth Tax exemption, the applied reduction must be repaid.

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2014-04-15PublishedPublished 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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