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V1641-18 12 June 2018 · SG de Impuestos Patrimoniales, Tasas y Precios Públicos Criterion in force
ITPAJD · reestructuración societaria

Taxation in ITPAJD depends on whether the contribution of real estate to a company qualifies as a restructuring operation

A real estate owner inquires whether the contribution of housing to constitute a company is subject to ITPAJD. The DGT indicates that the treatment depends on whether the operation qualifies as a corporate restructuring according to the Corporate Income Tax Law.

The question raised

Question raised: Taxation in the Transfer Tax and Documented Legal Acts Tax.

The DGT's ruling

If the contribution is a restructuring operation, it will not be subject to the corporate operations modality, but it could be taxed via onerous transfers of assets or documented legal acts if the transfer of real estate is not covered by the exemption in article 45.I.B.10. If it is not a restructuring, the constitution of the company will not be taxed via corporate operations due to the exemption in article 45.I.B.11.

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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