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V1769-16 ·21 April 2016 ·consulta-vinculante Medium impact
Tax

Donating a business triggers income from stock and capital gains on fixed assets

A taxpayer has enquired about the Personal Income Tax (IRPF) implications of donating their hardware business to their grandson. The Directorate General for Taxes (DGT) clarifies that stock is taxed as income from economic activity, while fixed assets are treated as capital gains or losses.

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Lifecycle

2016-04-21PublishedPublished 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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