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V3011-15 ·8 October 2015 ·consulta-vinculante Medium impact
Tax

The company must include the difference between the market value and the tax value of the assets transferred upon dissolution

A query is made regarding the taxation under Corporate Income Tax, Personal Income Tax, and Transfer Tax/Stamp Duty resulting from the dissolution of a company where a shareholder receives real estate while assuming the mortgage debt. The DGT rules that the company must be taxed on the difference in value and the shareholder must calculate their capital gain based on the market value.

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2015-10-08PublishedPublished 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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