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V1252-18 ·14 May 2018 ·consulta-vinculante Medium impact
Tax

Exemption of up to €12,000 for share awards does not apply if the offer is not extended to all employees

An employee inquired whether the provision of discounted shares to workers with more than five months of service and a minimum 20-hour work week qualifies for tax exemption. The Directorate General for Taxes (DGT) ruled that because the offer is not made under the same conditions for all employees, the exemption cannot be applied.

In 6 key points

How it affects those involved

Companies offering share schemes must ensure they are extended to all employees under identical conditions to benefit from the €12,000 tax exemption on benefits in kind.

Lifecycle

2018-05-14PublishedPublished 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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