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V1152-25 ·1 July 2025 ·consulta-vinculante Low impact
Tax

Sale of shares in Canary water communities taxed as capital gain or loss

The consultant asks about the tax treatment of selling a share in a water well in Tenerife. The DGT clarifies that these entities have legal personality, and the transfer of their shares results in capital gains or losses for individuals.

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2025-07-01PublishedPublished 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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