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V2673-15 ·16 September 2015 ·consulta-vinculante Medium impact
Tax

Transfer of shares with suspended trading to be valued under specific rules for non-listed securities

A taxpayer has requested clarification regarding the tax treatment of the transfer of shares whose trading has been suspended. The Directorate General for Taxes (DGT) explains that, as these are not securities admitted to trading, the transfer value cannot be lower than the higher of two calculations based on either net equity or capitalisation of results.

In 6 key points

How it affects those involved

This ruling establishes a stricter valuation method for taxpayers transferring shares that are no longer actively traded, potentially increasing the taxable capital gain by preventing the use of a nominal or outdated market value.

Lifecycle

2015-09-16PublishedPublished 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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