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V2430-17 ·28 September 2017 ·consulta-vinculante Medium impact
Tax

Transferring shares to one's own company does not void the family business relief if value is maintained

A query was raised regarding whether the onerous transfer of inherited shares to a company wholly owned by the heir affects the requirement to maintain the family business relief. The DGT ruled that it does not, provided the acquisition value is maintained for the purpose of calculating the relief.

In 6 key points

How it affects those involved

This ruling provides legal certainty for taxpayers seeking to restructure holdings through personal holding companies without losing tax benefits related to family business relief, provided the underlying value of the assets is preserved.

Lifecycle

2017-09-28PublishedPublished 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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