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V1777-20 ·4 June 2020 ·consulta-vinculante Medium impact
Tax

Acquisition value of bonus shares is determined by dividing total cost among all shares

A query was raised regarding how to calculate the acquisition value and the holding period of bonus shares received instead of dividends. The DGT ruled that the total cost is distributed between the original shares and the bonus shares, and that the holding period of the bonus shares depends on the pre-existing shares required to obtain them.

In 6 key points

How it affects those involved

This ruling clarifies the tax accounting methods for bonus shares, ensuring consistency in calculating capital gains and holding periods for tax purposes.

Lifecycle

2020-06-04PublishedPublished 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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