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V1316-19 ·6 June 2019 ·consulta-vinculante Medium impact
Tax

Transfer value of shares in labour companies may be the amount agreed by partners if market value is proven

The applicant asks whether the value of shares in a labour company agreed upon by the partners can be considered the market value for Personal Income Tax (IRPF) purposes. The Directorate General for Taxes (DGT) responds that the amount actually paid may be used if it is proven to coincide with what independent parties would have agreed under normal market conditions.

In 6 key points

How it affects those involved

This ruling provides legal certainty for partners of labour companies regarding the valuation of share transfers, allowing for the use of agreed prices provided they reflect arm's length transactions.

Lifecycle

2019-06-06PublishedPublished 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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