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V1343-24 ·7 June 2024 ·consulta-vinculante Medium impact
Tax

No capital gains tax on share donations if Art. 20.6 LISD requirements are met

The taxpayer asks whether the donation of shares in their management company can qualify for a reduction in Inheritance and Gift Tax (IGT) and avoid taxation under Personal Income Tax (IRPF). The DGT rules that if the requirements of the LISD for the IGT reduction are satisfied, no capital gain or loss shall be recognised for the donor's IRPF purposes.

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2024-06-07PublishedPublished 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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