Skip to content
V3602-20 ·17 December 2020 ·consulta-vinculante Medium impact
Tax

Exemption from Wealth Tax possible if family members hold directorial roles

The consultant asks whether Wealth Tax exemption can be applied to holdings in an entity. The DGT responds that it is possible if directorial functions are carried out by members of the family group, such as children.

In 6 key points

How it affects those involved

Holders of family-owned shares may qualify for Wealth Tax exemption if family members, including children, exercise directorial responsibilities.

Lifecycle

2020-12-17PublishedPublished 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