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V2680-15 ·16 September 2015 ·consulta-vinculante Medium impact
Tax

ITPAJD not applicable to corporate transactions or documented acts in share contributions

A query was raised regarding whether the contribution of shares from a Spanish company to an Andorran company is subject to ITPAJD. The DGT ruled that the tax does not apply to corporate transactions as they take place outside Spain, nor to documented acts as they cannot be registered in the relevant registries.

In 6 key points

How it affects those involved

The ruling clarifies the territorial scope and registration requirements for ITPAJD, confirming that cross-border share contributions to non-Spanish entities fall outside the tax's scope.

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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