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V1293-22 ·7 June 2022 ·consulta-vinculante Medium impact
Tax

Automatic class substitution in investment shares based on investor age generates no income for IRPF, IS or IRNR

A fund manager asks whether automatic class switching to reduce management fees based on investor age creates income for shareholders. The DGT replies that no patrimonial change or alternative investment options exist, so no income is generated.

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2022-06-07PublishedPublished 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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