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V1480-20 ·20 May 2020 ·consulta-vinculante Medium impact
Tax

Requirements for 95% ISD reduction via share donation to children and application of regional law to non-residents

A taxpayer enquires about the application of a reduction in the Inheritance and Gift Tax upon donating shares in their companies to their children. The DGT examines the conditions of the LISD and LIP, and addresses the applicable legislation for a recipient resident in Switzerland.

In 6 key points

How it affects those involved

The ruling clarifies the conditions under which a 95% reduction in inheritance and gift tax can be applied when shares are donated to children, and outlines how autonomous regional rules apply to non-resident recipients.

Lifecycle

2020-05-20PublishedPublished 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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