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V2989-14 ·4 November 2014 ·consulta-vinculante Medium impact
Tax

95% reduction in Gift Tax may apply if the activity is the main source of income

A taxpayer has enquired about the application of reductions in Inheritance and Gift Tax when donating a pharmacy business and an agricultural activity. The DGT clarifies that to access the 95% reduction, it is a prerequisite that these activities constitute the donor's main source of income.

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Lifecycle

2014-11-04PublishedPublished 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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