Transactional settlement indemnities taxed as integrated patrimonial gain

A taxpayer asks about the tax treatment of a sum received from a bank after entering into an agreement to waive claims on shares. The DGT responds that the amount must be taxed as integrated patrimonial gain within the general tax base.

Indemnifications from transactional agreements to waive legal claims are classified as integrated patrimonial gains and are included in the general tax base.