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V1922-16 ·4 May 2016 ·consulta-vinculante Medium impact
Tax

Donation of company shares may be treated as a donation of real estate if evasion requirements are met

The taxpayer asks whether the donation of shares in companies with real estate assets should be taxed as movable or immovable property. The DGT rules that, as a general rule, these are movable assets, unless the evasion requirements set out in the Securities Market Act are satisfied.

In 6 key points

How it affects those involved

This ruling clarifies the tax treatment of share donations, highlighting that tax avoidance schemes involving real estate assets through corporate structures may trigger real estate tax obligations.

Lifecycle

2016-05-04PublishedPublished 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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