Skip to content
MEDIUM
FISCAL

Loss from selling Telefónica shares can be recognised if homogenous shares are not acquired

V1276-25

Prepared and reviewed by the BMC editorial team  ·  Methodology

Technical details

Type
consulta-vinculante (what is this?)
Identifier
V1276-25
Published
10 Jul 2025

Summary

The consultant asks whether a capital loss can be recognised when selling Telefónica shares to buy Repsol shares. The DGT responds that the loss is allowable provided the homogeneity exception is not met.

In 6 key points

Lifecycle

2025-07-10PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The fiscal team reviews your specific situation.

Talk to the fiscal team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact