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V2400-23 ·6 September 2023 ·consulta-vinculante Medium impact
Tax

Dividends and capital gains from share transfers may be exempt if conditions in LIS article 21 are met

A company wishes to sell its shares in another entity to its parent and asks whether the capital gain and dividends are exempt. The DGT states that positive income from the transfer may be exempt if the conditions of participation and temporality in article 21 of the LIS are met.

In 6 key points

How it affects those involved

The exemption of positive income from share transfers to parent companies may apply under specific conditions set out in article 21 of the LIS.

Lifecycle

2023-09-06PublishedPublished 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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