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V1850-25 14 October 2025 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · valor de adquisición

Voluntary contributions to capital increase the acquisition value of shares

The consultant asks how to calculate the acquisition value of shares after making a voluntary capital contribution in 2019. The tax authority responds that such voluntary contributions must be added to the original acquisition value, as they constitute an improvement of the shares.

The question raised

Date of acquisition of the transferred shares.

The DGT's ruling

Voluntary contributions to a company's equity, made without right to refund or consideration, must be integrated into the acquisition value of the shares. Should an improvement in the shares occur, the portion corresponding to the original acquisition and the portion corresponding to the improvement must be distinguished in the transfer value. The difference between the respective acquisition and transfer prices shall determine the capital gain or loss.

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