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V3798-16 ·9 September 2016 ·consulta-vinculante Medium impact
Tax

Income tax exemption and inheritance tax reduction applicable to donations of individual companies or professional businesses

A taxpayer over the age of 65 wishes to donate a rural estate used for agricultural activities to their children. The Directorate General for Tax Affairs (DGT) has ruled that both the reduction in Inheritance and Gift Tax and the Income Tax exemption are applicable, provided all legal requirements are met.

In 6 key points

Lifecycle

2016-09-09PublishedPublished 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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