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V2461-19 ·16 September 2019 ·consulta-vinculante Medium impact
Tax

Exemption on transfer of shares may be limited if the investee company is a patrimonial entity

A holding company has enquired whether its accommodation, construction, and agricultural activities allow it to cease being classified as a patrimonial entity. The DGT states that this depends on the specific facts and whether its assets are dedicated to said activities, warning that if the investee company is a patrimonial entity, the exemption on the transfer of shares will be limited to undistributed profits.

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2019-09-16PublishedPublished 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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