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V2146-23 ·21 July 2023 ·consulta-vinculante Medium impact
Tax

Share exchange in fund fusion may be tax-neutral if LIS requirements met

A Spanish resident asks whether exchanging shares of a Luxembourg fund for another following a merger constitutes a transfer of wealth. The DGT states that if the operation meets the special merger rules under the LIS, the received values retain their tax value and acquisition date.

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2023-07-21PublishedPublished 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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