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V3069-18 ·28 November 2018 ·consulta-vinculante Medium impact
Tax

No capital gain or loss arises from the donation of shares if requirements under Article 20.6 of the ISD Law are met

A taxpayer over 65 consulted whether they could apply for non-subjectivity to Personal Income Tax (IRPF) regarding the donation of shares in a limited company. The Directorate General for Taxes (DGT) ruled that no capital gain or loss occurs if the requirements of Article 20.6 of the Inheritance and Gift Tax Law are satisfied.

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2018-11-28PublishedPublished 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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