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V1972-17 ·21 July 2017 ·consulta-vinculante Medium impact
Tax

Capital restitution following share purchase annulment is not subject to Income Tax, but interest is

Heirs recovered funds from a share purchase that was judicially annulled. The Tax Agency has ruled that the return of capital does not constitute income, but the statutory interest received is taxable as a capital gain within the savings tax base.

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2017-07-21PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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