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V1731-24 ·15 July 2024 ·consulta-vinculante Medium impact
Tax

Acquisition value and seniority of fully paid-up shares are determined by the original shares

A taxpayer requested guidance on how to calculate the acquisition value and seniority of shares received through fully paid-up capital increases. The DGT ruled that the total cost must be apportioned between the original shares and the newly issued shares, and that the seniority of the new shares shall be the same as that of the original shares from which they originate.

In 6 key points

How it affects those involved

This ruling clarifies the method for calculating the cost basis and holding period for shares issued via bonus issues, ensuring consistency in capital gains tax calculations.

Lifecycle

2024-07-15PublishedPublished 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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