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V1273-15 ·27 April 2015 ·consulta-vinculante Medium impact
Tax

95% reduction in Gift Tax on shares applicable if Wealth Tax exemption is met

A query was raised regarding the applicability of the reduction for the donation of bare ownership of shares. The DGT ruled that, provided the conditions for Wealth Tax exemption are met, the 95% reduction provided for in the Inheritance and Gift Tax Act shall apply, subject to additional requirements concerning age, management roles, and retention of the assets.

In 6 key points

How it affects those involved

This ruling clarifies the requirements for accessing significant tax relief on the donation of bare ownership of company shares, linking it to Wealth Tax exemption status and specific management criteria.

Lifecycle

2015-04-27PublishedPublished 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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