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V1380-21 ·13 May 2021 ·consulta-vinculante Medium impact
Tax

Voluntary contributions to equity are included in the acquisition value of shares

A query was raised regarding whether contributions made by partners to offset losses in a company can be treated as a capital loss following its liquidation. The Directorate General for Taxes (DGT) ruled that such contributions form part of the acquisition value of the shares.

In 6 key points

How it affects those involved

This ruling clarifies the tax treatment of voluntary equity contributions, ensuring they are factored into the cost basis of shares for calculating capital gains or losses upon liquidation.

Lifecycle

2021-05-13PublishedPublished 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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