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V2597-21 ·25 October 2021 ·consulta-vinculante Medium impact
Tax

Dividends following a capital reduction may reduce the acquisition value of shares

A query was raised regarding whether the distribution of dividends following a capital reduction involving a return of contributions may reduce the acquisition value of the shares. The Directorate General for Taxes (DGT) confirms this is possible, subject to certain limits.

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2021-10-25PublishedPublished 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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