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V3283-14 ·9 December 2014 ·consulta-vinculante Medium impact
Tax

Spain cannot tax the dissolution of a Portuguese entity unless the transferor is a Spanish resident, except in cases of immovable assets

A Spanish company asked whether the dissolution of a entity in Madeira would be taxable in Spain, as the entity held shares in a Spanish company with immovable property in Spain. The DGT states that, generally, Spain has no taxing power over the transfer of shares if the transferor is not a Spanish resident, except in specific cases involving immovable property.

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2014-12-09PublishedPublished 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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