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V3610-16 ·24 August 2016 ·consulta-vinculante Medium impact
Tax

Requirements for Wealth Tax exemptions and reductions in Inheritance and Gift Tax

A query was raised regarding whether the donation of bare ownership of company shares allows for Wealth Tax exemptions and reductions for business transfers under Inheritance and Gift Tax. The DGT indicates that, provided the requirements for economic activity, shareholding, and management functions are met, both the wealth tax exemption and the 95% reduction in inheritance and gift tax are applicable.

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2016-08-24PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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