Skip to content
V1344-17 ·1 June 2017 ·consulta-vinculante Medium impact
Tax

Family business tax reduction lost if share value is not maintained

A query was raised regarding whether the reduction for the mortis causa acquisition of shares would be maintained if the shares were amortised through the transfer of real estate assets. The DGT ruled that to retain the reduction, it is necessary to prove the maintenance of value for ten years, either by reinvesting the proceeds into other assets or by keeping the funds immobilised.

In 6 key points

Lifecycle

2017-06-01PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

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