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V3167-21 ·22 December 2021 ·consulta-vinculante Medium impact
Tax

Valuation of non-traded entity holdings under Article 16 LIP if no insolvency proceedings are underway

The taxpayer inquires about the valuation of company shares for Wealth Tax purposes, specifically whether the fair value criterion applies due to insolvency proceedings. The DGT rules that, as the entity is not in insolvency, Article 16 of the LIP must be strictly applied.

In 6 key points

How it affects those involved

This ruling clarifies that the specific valuation rules for non-traded shares under Article 16 of the LIP take precedence over fair value assessments unless formal insolvency proceedings are active.

Lifecycle

2021-12-22PublishedPublished 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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