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V0378-15 2 February 2015 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · ganancia patrimonial

Reduction under LIRPF Art 7 possible via taxi licence transfer

The DGT confirms that a taxi licence transfer allows the reduction under LIRPF Art 7 if the performance is objectively estimated and the transfer occurs due to retirement, disability, restructuring, or to family members.

The question raised

Whether, in the event of a license transfer, the reduction provided for in the seventh additional provision of the Personal Income Tax Law would be applicable.

The DGT's ruling

To apply the reduction on the capital gain from the transfer of the taxi license, two conditions must be met: that the net income from the activity is determined by the objective estimation method and that the transfer is motivated by permanent disability, retirement, cessation due to sector restructuring, or transfer to relatives up to the second degree. If these circumstances are met, the reduction is applicable.

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