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V2332-21 ·18 August 2021 ·consulta-vinculante Medium impact
Tax

Legal entities are not subject to Inheritance and Gift Tax

A query was raised regarding whether an entity is required to file an Inheritance and Gift Tax return. The DGT ruled that, as a legal entity, any increases in wealth are not taxable under this specific tax.

In 4 key points

How it affects those involved

This clarifies that legal entities do not fall within the scope of Inheritance and Gift Tax for wealth increases, distinguishing their tax obligations from those of natural persons.

Lifecycle

2021-08-18PublishedPublished 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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