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V1951-25 ·15 October 2025 ·consulta-vinculante Medium impact
Tax

Return of contributions via immovable may be treated as capital movable income

A partner receives an immovable as a return of contributions following a capital reduction in a limited liability company. Tax authorities explain that the fiscal treatment depends on whether the return arises from undistributed profits or from capital.

In 6 key points

Lifecycle

2025-10-15PublishedPublished 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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