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V1301-15 ·28 April 2015 ·consulta-vinculante Medium impact
Tax

Share acquisition value must be the actual amount paid, not the nominal value

A taxpayer inquired whether they could use the nominal value of shares to calculate capital gains in the absence of the original purchase document. The Directorate General for Taxes (DGT) ruled that the acquisition value is the actual amount paid, which must be substantiated by legally admissible evidence.

In 6 key points

How it affects those involved

This ruling clarifies that taxpayers cannot rely on nominal values for tax calculations when the actual cost is different, placing the burden of proof on the taxpayer to provide evidence of the real transaction amount.

Lifecycle

2015-04-28PublishedPublished 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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