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V2064-16 ·13 May 2016 ·consulta-vinculante Medium impact
Tax

Capital increases involving mortgaged property are taxed under two ITPAJD modalities depending on consideration

A query was raised regarding the taxation of a property contribution involving a mortgage in a capital increase where the company assumes the debt. The DGT ruled that the transaction constitutes two distinct taxable events: one for corporate operations and another for onerous transfers of assets.

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2016-05-13PublishedPublished 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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