Skip to content
V5041-16 ·21 November 2016 ·consulta-vinculante Medium impact
Tax

Exemption on transfer of shares does not apply to income other than undistributed profits if the entity is a holding company

A requesting entity asks whether the transfer of part of its shareholding in a Spanish company can qualify for the exemption under Article 21 of the LIS. The DGT explains that if the investee company is a holding company, the exemption only applies to the portion of the income corresponding to an increase in undistributed profits.

In 6 key points

Lifecycle

2016-11-21PublishedPublished 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