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V2097-20 ·23 June 2020 ·consulta-vinculante Medium impact
Tax

Requirements for non-cash contributions under special LIS regime and economic activity in property leasing

The DGT asks whether contributions of shares in a company to family entities may qualify for the special LIS regime and whether valid economic motives exist. The DGT states that this is possible if minimum participation thresholds are met and the transaction is not primarily aimed at fraud or tax advantage.

In 6 key points

How it affects those involved

Businesses and family entities may now consider non-cash contributions to qualifying structures under the special LIS regime, provided minimum participation thresholds are met and the transaction has legitimate economic purposes.

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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