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V1553-14 ·12 June 2014 ·consulta-vinculante Medium impact
Tax

Acquisition value of fully paid-up bonus shares determined by allocating total cost across all shares

A taxpayer inquired how to calculate the acquisition value of shares received through a fully paid-up capital increase to determine capital gains upon sale. The DGT ruled that the issuance of these shares does not constitute income; instead, the cost of the original shares must be apportioned across the total number of shares (both original and new).

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2014-06-12PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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