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V2900-15 ·6 October 2015 ·consulta-vinculante Medium impact
Tax

The 95% reduction in Gift Tax may be applied to the transfer of businesses

A query is made regarding the applicability of the reduction provided in Article 20.6 of the Inheritance and Gift Tax Law to the donation of an agricultural holding. The DGT responds that said reduction may be applied provided that the requirements regarding the age or incapacity of the donor, the cessation of management functions, and the maintenance of the Wealth Tax exemption by the donee are met.

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2015-10-06PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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