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V1222-16 ·28 March 2016 ·consulta-vinculante Medium impact
Tax

Share exchange with parent company does not breach three-year holding requirement for IRPF exemption

A company asks whether exchanging parent company shares for new shares paid to employees breaches the three-year holding period needed for IRPF exemption. The DGT states that no breach occurs if the new shares are held until the original period ends.

In 6 key points

How it affects those involved

The exchange of parent company shares for employee shares does not breach the three-year holding requirement for IRPF exemption, provided the new shares are held until the original period expires.

Lifecycle

2016-03-28PublishedPublished 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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