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MEDIUM
FISCAL

Dividends taxed as capital income; share sales as capital gains

V1113-25

Prepared and reviewed by the BMC editorial team  ·  Methodology

Technical details

Type
consulta-vinculante (what is this?)
Identifier
V1113-25
Published
26 Jun 2025

Summary

A taxpayer asks whether investments in shares should be taxed as capital gains or as capital income. The DGT clarifies that dividends are capital income and the transfer of shares generates capital gains or losses.

In 6 key points

Lifecycle

2025-06-26PublishedPublished 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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