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V0929-20 17 April 2020 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · ganancia patrimonial

Acquisition of shares from co-owners generates capital gains or losses for the transferors

A sibling wishes to purchase the shares held by their three other siblings in a property to obtain full ownership. The DGT rules that, as this constitutes an acquisition of shares rather than a division of the common property, the selling siblings must declare any capital gain or loss.

The question raised

Question posed: Taxation under Personal Income Tax (IRPF) regarding the operation.

The DGT's ruling

The dissolution of a community of property does not alter the assets if the allocation corresponds to the ownership share of each party. However, if a co-owner acquires assets at a value exceeding their share through the purchase of the other parties' interests, an alteration of assets occurs for the transferors. This generates for the latter a capital gain or loss based on the difference between the acquisition value and the transfer value of their share.

Apply this to a real case

What is published here, applied to a company or a specific case. The first meeting is free.

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