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V2778-21 ·11 November 2021 ·consulta-vinculante Medium impact
Tax

Reduction of capital gains from taxi licence sales is not permitted without meeting legal requirements

A taxi driver enquired whether the reduction provided for in the seventh additional provision of the Personal Income Tax (IRPF) law could be applied to the sale of her licence. The Directorate General for Taxes (DGT) ruled that the reduction only applies if the transfer is due to disability, retirement, cessation due to restructuring, or transfer to family members.

In 6 key points

How it affects those involved

Taxpayers selling taxi licences must ensure they meet specific statutory conditions to qualify for capital gains tax reductions; otherwise, the full gain will be subject to taxation.

Lifecycle

2021-11-11PublishedPublished 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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