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V1713-20 ·1 June 2020 ·consulta-vinculante Medium impact
Tax

Sale of a business taxed as business income for stock and as capital gains for fixed assets

A query was raised regarding the taxation of the transfer of a tobacconist's shop for Personal Income Tax (IRPF) purposes. The Directorate General for Taxes (DGT) ruled that the sale of stock constitutes income from economic activity, whereas the transfer of fixed assets generates a capital gain or loss.

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2020-06-01PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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