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V1156-19 ·28 May 2019 ·consulta-vinculante Medium impact
Tax

Management and performance fees do not reduce the transfer value in fund redemptions

The applicant asks whether management and performance fees on their investment portfolio can reduce capital gains or losses when redeeming shares. The DGT rules that they cannot, as these fees are not expenses inherent to the transfer operation.

In 6 key points

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2019-05-28PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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