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V1500-23 ·2 June 2023 ·consulta-vinculante Medium impact
Tax

No capital gains or losses on the donation of bare ownership of shares if Art. 20.6 ISD Law requirements are met

A taxpayer over 65 has enquired whether donating the bare ownership of company shares can be exempt from capital gains tax under Personal Income Tax (IRPF). The Directorate General for Taxes (DGT) has ruled that the same treatment as full ownership applies, provided the requirements of Article 20.6 of the Inheritance and Gift Tax Law are satisfied.

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2023-06-02PublishedPublished 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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