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V3273-19 ·28 November 2019 ·consulta-vinculante Medium impact
Tax

Donating a taxi licence may qualify for an Income Tax reduction

A taxi driver using the objective estimation method has enquired about the taxation of donating their vehicle and licence. The DGT indicates that the transfer generates capital gains or losses and that the licence may be eligible for a special reduction.

In 6 key points

How it affects those involved

Taxpayers using the objective estimation method should consider the capital gains implications and potential tax relief when transferring professional assets such as taxi licences.

Lifecycle

2019-11-28PublishedPublished 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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