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V2853-19 ·15 October 2019 ·consulta-vinculante Medium impact
Tax

Donating usufruct of shares does not generate capital losses for Income Tax purposes

A taxpayer inquired whether donating the usufruct of shares to their children results in a capital gain or loss for Income Tax (IRPF) purposes. The Directorate General of Taxes (DGT) ruled that, as this constitutes a gratuitous transfer, it shall not be accounted for as a capital loss.

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2019-10-15PublishedPublished 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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