Skip to content
V3527-19 ·23 December 2019 ·consulta-vinculante Medium impact
Tax

Secondary market transfer of shares exempt from ITP and AJD if no intent to evade tax

A taxpayer queried whether the sale and purchase of shares in an entity whose primary asset is a leased property is exempt from ITP and AJD. The DGT ruled that the transfer is exempt provided there is no intent to evade the tax that would otherwise apply to the direct transfer of the property.

In 6 key points

How it affects those involved

This ruling clarifies the application of tax exemptions for the transfer of shares in real estate companies, reinforcing the principle that such transactions must not be used as a mechanism to circumvent property transfer taxes.

Lifecycle

2019-12-23PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact