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V3062-20 ·13 October 2020 ·consulta-vinculante Medium impact
Tax

Transfer of investment fund units via Galician partition agreement exempt from Personal Income Tax

A query was raised regarding whether the transfer of investment fund units to forced heirs through a partition agreement under Galician civil law is exempt from Personal Income Tax (IRPF). The Directorate General for Taxes (DGT) ruled that, as it constitutes a succession agreement, it is considered a gratuitous transfer by reason of death and does not generate a capital gain or loss.

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2020-10-13PublishedPublished 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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