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V2207-24 ·14 October 2024 ·consulta-vinculante Medium impact
Tax

Sale of company shares may be VAT exempt or not subject to tax

A taxpayer queried whether acquiring shares in a company dedicated to leasing premises constitutes a sale of shares subject to VAT or a transfer of real estate. The DGT ruled that the transfer of shares is typically exempt, unless used to circumvent real estate tax, or may be not subject to tax if an autonomous economic unit is transferred.

In 6 key points

How it affects those involved

This ruling clarifies the distinction between the transfer of shares and the transfer of real estate assets, highlighting the risks of tax avoidance schemes and the specific conditions under which an autonomous economic unit is considered non-subject to VAT.

Lifecycle

2024-10-14PublishedPublished 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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