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V3668-16 ·5 September 2016 ·consulta-vinculante Medium impact
Tax

Transfer of shares in a community of property is not exempt from ITP as they are not securities

A query was raised regarding whether purchasing a 25% share in a community of property engaged in the hospitality sector could benefit from the exemption for the transfer of securities. The DGT ruled that this exemption does not apply due to the distinct legal nature of co-ownership shares compared to commercial securities.

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2016-09-05PublishedPublished 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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