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V1131-14 ·22 April 2014 ·consulta-vinculante Medium impact
Tax

Acquisition value of shares received through subordinated debt conversion shall be the subscription price set by the FROB

The applicant inquires how to calculate the acquisition value of shares obtained following the conversion of subordinated bonds. The DGT rules that such conversion generates income from movable capital and that the new shares shall have an acquisition value equal to the subscription price established in the FROB resolution.

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2014-04-22PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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