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V2051-20 ·23 June 2020 ·consulta-vinculante Medium impact
Tax

Acquisition value of fully paid-up shares is calculated by dividing total cost by all shares

A taxpayer inquired about calculating the acquisition value of shares received free of charge during a capital increase to determine capital gains. The DGT ruled that while these shares do not constitute income, their cost must be determined by prorating the cost of the original shares across the total number of shares held.

In 6 key points

How it affects those involved

This ruling clarifies the tax treatment and cost basis calculation for bonus shares, ensuring consistency in determining capital gains upon disposal.

Lifecycle

2020-06-23PublishedPublished 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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