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V3072-17 ·23 November 2017 ·consulta-vinculante Medium impact
Tax

No ITP due on corporate operations when contributing real estate or shares to a company based outside Spain

A taxpayer inquired whether the contribution of real estate and company shares to an entity in the United Arab Emirates is subject to ITP and AJD. The DGT ruled that no tax is due on corporate operations as the taxable event does not occur in Spain, although the contribution of real estate could be subject to the variable rate of AJD.

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2017-11-23PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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