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V1646-18 ·12 June 2018 ·consulta-vinculante Medium impact
Tax

Transfer value of unlisted shares cannot be lower than the higher of net equity or market capitalisation, unless market value is proven

A query was raised regarding the Personal Income Tax (IRPF) treatment of selling shares in an unlisted public limited company with negative equity. The Directorate-General for Taxes (DGT) explains how to determine the transfer value to calculate capital gains or losses.

In 6 key points

Lifecycle

2018-06-12PublishedPublished 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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