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A taxpayer has enquired about the taxation of the cancellation of their shares without receiving any consideration and the issuance of new bonds. The Directorate General for Taxes (DGT) has determined that the total cancellation of the shares constitutes a capital loss, whereas the issuance of bonds constitutes a capital gain.
Cuestión planteada Tributación de la amortización de acciones y de la entrega de los nuevos bonos.
Cuando se amortiza la totalidad de las acciones de una sociedad sin recibir contraprestación, el valor de adquisición de las mismas se considera una pérdida patrimonial. Esta pérdida se imputa al ejercicio de la reducción de capital y se integra en la base imponible del ahorro. Por otro lado, la entrega de nuevos bonos a los accionistas debe calificarse como una ganancia patrimonial determinada por el valor normal de mercado de dichos bonos.
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