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V1116-23 ·4 May 2023 ·consulta-vinculante Medium impact
Tax

Capital gains or losses in liquidation must be calculated based on the market value of the assets received

A taxpayer queried how a father and his children are taxed during the dissolution of a company involving bare ownership and usufruct. The Directorate General for Taxes (DGT) ruled that capital gains or losses are determined by the difference between the market value of the assets received and the acquisition value of the corresponding share or right.

In 6 key points

How it affects those involved

This ruling clarifies the valuation method for assets distributed during company liquidations, specifically when rights such as usufruct or bare ownership are involved, ensuring tax compliance based on market values.

Lifecycle

2023-05-04PublishedPublished 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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