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V2733-23 ·6 October 2023 ·consulta-vinculante Medium impact
Tax

Distribution of share premium reduces acquisition value; excess taxed as income from movable capital

A query was made regarding the Personal Income Tax (IRPF) treatment for shareholders of a limited company that decides to distribute the share premium of its shares. The Directorate General for Taxes (DGT) clarifies that the amount received reduces the acquisition value, and only the excess is taxed as income from movable capital.

In 5 key points

How it affects those involved

This ruling clarifies the tax implications for shareholders receiving share premium distributions, distinguishing between capital reduction and taxable income.

Lifecycle

2023-10-06PublishedPublished 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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