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V2195-16 ·20 May 2016 ·consulta-vinculante Medium impact
Tax

Exemption from Wealth Tax and reduction in Inheritance and Gift Tax apply proportionally to business assets

A query was raised regarding the application of the reduction for the donation of business shares and the exemption from Wealth Tax. The DGT clarifies that both the exemption and the reduction must be applied proportionally to the assets effectively used for economic activity.

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2016-05-20PublishedPublished 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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