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V2509-21 7 October 2021 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · ganancia patrimonial

The transfer value of shares shall be the actual amount, provided it is proven to be market value

A query was raised regarding which value should be used to calculate capital gains or losses from the sale of shares in a limited company. The DGT ruled that the actual amount paid shall be used if it is proven to be market value; otherwise, the net equity or capitalisation value shall apply.

The question raised

What is the transfer value to be taken into account for the purpose of calculating the capital gain or loss in Personal Income Tax.

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