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V3141-15 ·19 October 2015 ·consulta-vinculante Medium impact
Tax

Entity may apply exemption for share transfer if minimum capital percentage is met

A private equity entity asks whether it can apply the exemption under Article 21 of the LIS when transferring a 8.37% share without triggering the special valuation restriction. The DGT confirms that the exemption applies as the minimum shareholding threshold is met and the special valuation rule does not apply.

In 6 key points

How it affects those involved

Private equity entities can transfer shares without triggering special valuation rules if the minimum capital percentage is met, allowing them to benefit from tax exemptions under the LIS.

Lifecycle

2015-10-19PublishedPublished 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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