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V2876-21 ·17 November 2021 ·consulta-vinculante Medium impact
Tax

Transfer of securities may be exempt from ITPAJD if there is no intent to evade property tax

A query was raised regarding whether the contribution of real estate assets to a new company and the associated notary documentation are exempt from ITPAJD. The DGT indicates that the transaction could constitute either a non-taxable restructuring or an exempt corporate operation, noting that the transfer of securities is exempt unless an intent to evade property tax is proven.

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2021-11-17PublishedPublished 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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