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V2025-16 ·11 May 2016 ·consulta-vinculante Medium impact
FISCAL

Patrimony tax exemption possible if director remuneration paid by Spanish subsidiaries

A resident in Luxembourg wishes to donate shares in a holding company to his son. The question is whether patrimony tax exemption and succession tax reduction can apply if director remuneration is paid by Spanish subsidiaries rather than the holding company.

In 6 key points

How it affects those involved

The exemption and reduction in succession tax may apply if director pay is paid by Spanish subsidiaries, not the holding company.

Lifecycle

2016-05-11PublishedPublished 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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