Skip to content
V4272-16 ·5 October 2016 ·consulta-vinculante Medium impact
Tax

The acquisition date for shares issued via capital increase is the date of registration in the Mercantile Registry

A taxpayer inquired which date should be used to calculate a reduction for holding period under Personal Income Tax (IRPF) following a capital increase formalised in 1988 but registered in 1989. The Directorate General of Taxes (DGT) ruled that the date of registration in the Mercantile Registry must be used.

In 6 key points

How it affects those involved

This ruling clarifies the specific date required to determine the holding period for tax relief purposes, impacting how capital gains are calculated following corporate restructuring.

Lifecycle

2016-10-05PublishedPublished 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