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V2590-19 ·23 September 2019 ·consulta-vinculante Medium impact
Tax

Contribution of a plot of land in a capital increase is exempt from ITP and AJD

An individual has enquired about the tax treatment of contributing a buildable plot of land to a company through a capital increase. The DGT has ruled that while the transaction falls under the category of corporate operations, it is exempt from tax.

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2019-09-23PublishedPublished 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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