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V2221-17 5 September 2017 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · ganancia patrimonial

Transfer value of unlisted shares: rules for valuation and proof of market value

A query was raised regarding how to determine the transfer value of shares in an unlisted company to calculate capital gains or losses. The DGT ruled that the actual amount shall be used provided it is proven to be the market value; otherwise, the higher of the net equity or capitalisation value must be applied.

The question raised

Determination of the transfer value for the purpose of calculating capital gains or losses in Personal Income Tax.

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