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V1168-22 26 May 2022 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · ganancia patrimonial

No capital gains or losses arise from the donation of shares if Art. 20.6 LISD requirements are met

A taxpayer over 65 enquired whether the donation of shares in a public limited company to their son could be exempt from Personal Income Tax (IRPF). The DGT ruled that the non-applicability of capital gains tax applies if the requirements of Article 20.6 of the Inheritance and Gift Tax Law are satisfied.

The question raised

Whether the provisions of Article 33.3.c) of the Personal Income Tax Law may be applicable to the donation.

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