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V2644-23 ·29 September 2023 ·consulta-vinculante Medium impact
Tax

No capital gains tax on business donations if ISD Law requirements are met

A taxpayer over 65 has enquired whether donating a pharmacy to their children allows for a capital gains tax exemption. The DGT clarifies that while the donation of stock is taxed as income from economic activity, fixed assets may be exempt provided the requirements of the Inheritance and Gift Tax Law are satisfied.

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2023-09-29PublishedPublished 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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