Skip to content
V2216-18 ·25 July 2018 ·consulta-vinculante Medium impact
Tax

Transfer of treasury shares by a company may be subject to and exempt from VAT

An entity inquired whether the transfer of shares from its treasury to individuals, enabling them to acquire user status, is subject to VAT. The DGT indicates that if the company acts as a trader or professional, the transaction is subject to the tax but exempt as it constitutes a financial transaction.

In 6 key points

How it affects those involved

This ruling clarifies the VAT treatment for companies managing treasury shares, confirming that while the activity may fall within the scope of VAT, it qualifies for exemption under the financial transactions provision.

Lifecycle

2018-07-25PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact