Partner-attended · reply within 24 business hours
Corporate transactions, capital markets and strategic deals.
Independent assessment and rigorous valuation of assets and businesses.
Business reinvention, sustainability and wealth management.
Corporate governance, succession and transformation
International tax planning and cross-border structuring.
Regulatory compliance and tax reporting obligations.
Special regimes for individuals and digital assets.
Tax defense and wealth taxes
Corporate immigration, ICT transfers, investor residency, digital nomad and regularisation.
Employment relations, mobility and regulatory protection.
Protection, compliance and digital resilience
Data protection, DPO and AI regulation
Company formation, contracts, shareholder agreements and corporate operations.
Contracts, dismissals, redundancies and labour court representation.
Insolvency proceedings, fresh start, micro-enterprise procedure and dissolution.
Litigation, arbitration, mediation, IP and real estate law.
Accounting, reporting and outsourced financial management.
Entity management, governance and personnel administration.
Incorporation, incentives and business acceleration.
Risk management, continuity and recovery
New guides on the latest Spanish tax and immigration developments.
Practical tools for informed decision-making.
The tax treatment of amounts received by shareholders in a capital reduction following dividend distributions is examined. The DGT clarifies that part of the refund may be considered income from movable capital and explains how the prior distribution of profits affects the calculation of equity.
Cuestión planteada Tratamiento fiscal en el Impuesto sobre la Renta de las Personas Físicas de las cantidades percibidas por los socios con motivo de la reducción de capital, teniendo en cuenta que la diferencia entre el valor de los fondos propios de las participaciones correspondiente al último ejercicio cerrado con anterioridad a la fecha de reducción de capital y su valor de adquisición es positivo, y que con anterioridad a la reducción de capital se va a realizar una distribución de dividendos correspondientes a los beneficios del último ejercicio cerrado.
En reducciones de capital con devolución de aportaciones que no procedan de beneficios no distribuidos, el importe recibido se considera rendimiento del capital mobiliario hasta el límite de la diferencia positiva entre los fondos propios y el valor de adquisición. Para calcular dichos fondos propios, se debe minorar su valor con los beneficios repartidos con anterioridad a la reducción. El exceso sobre dicho límite minorará el valor de adquisición de las participaciones. Si la devolución procede de beneficios no distribuidos, la totalidad tributa como rendimiento del capital mobiliario.
What is published here, applied to a company or a specific case. The first meeting is free.
Partner-attended · reply within 24 business hours
Quick message
We reply within 24 business hours. Confidential handling guaranteed.
Google Meet
Direct slot with the partner. Complimentary consultation · no commitment · cancel up to 24h in advance.
Loading availability…
We're fully booked for the next 14 days.
That's a good sign, and we won't leave you hanging.
Request callback
Tell us a time window and a phone number. A partner will call you back during the chosen slot.
< 24 h reply · direct with partner
Have a specific question? Tell us your situation in a sentence or two: a partner will reply within 24 business hours.
Complimentary 30-minute meeting with the partner responsible for your area. Google Meet or in person. Cancel up to 24h in advance.
Loading availability…
We're fully booked for the next 14 days.
That's a good sign, and we won't leave you hanging.
Tell us your preferred time slot and a phone number. A partner will call you back, with no hold queues and no gatekeepers.
We use our own and third-party cookies to improve your experience. More information
Essential for the website to function. Cannot be disabled.
Help us understand how you use the site to improve it.
Enable relevant content and advertising.