Skip to content
Back to index
V0181-18 29 January 2018 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · usufructo vitalicio

Donating usufruct of company shares may trigger capital gains or losses for Personal Income Tax

A taxpayer has requested clarification regarding Personal Income Tax (IRPF) implications when donating the usufruct of family business shares to children or grandchildren. The Directorate General of Taxes (DGT) indicates that this lucrative transfer alters the composition of the taxpayer's assets and results in a change in net wealth.

The question raised

Taxation of the donation in Personal Income Tax.

Book your free first meeting