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V1829-16 ·26 April 2016 ·consulta-vinculante Medium impact
FISCAL

Requirements for applying the corporate income tax exemption on the transfer of shares

A company inquired whether it could benefit from the exemption on the transfer of its shareholding in another entity. The DGT confirms that this is possible if the percentage of ownership, continuous holding and residence in countries with an information exchange agreement are met, provided the holding company is not a patrimonial entity.

In 6 key points

How it affects those involved

Companies transferring shares in non-patrimonial entities may qualify for tax exemption under specific conditions.

Lifecycle

2016-04-26PublishedPublished 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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