Skip to content
V1563-15 ·25 May 2015 ·consulta-vinculante Medium impact
Tax

95% Inheritance and Gift Tax reduction applicable to donations of shares in a SAT

A query was raised regarding whether the reduction for the modernisation of agricultural holdings or the reduction for the donation of shares in a Catalan SAT applies. The DGT ruled that the reduction for agricultural modernisation is not applicable, but the 95% reduction on the tax base for the transfer of shares does apply.

In 6 key points

How it affects those involved

The ruling confirms that taxpayers can benefit from a significant 95% reduction in the tax base when donating shares in a Transformation Agricultural Company (SAT), even if the modernisation reduction is denied.

Lifecycle

2015-05-25PublishedPublished 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