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V2952-18 14 November 2018 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · ganancia patrimonial

No capital gains or losses for Personal Income Tax purposes on the donation of companies or shares

The taxpayer enquires about the application of the reduction for the donation of a family business and its impact on Personal Income Tax (IRPF). The Directorate General for Tax (DGT) clarifies that, provided the requirements of Article 20.6 of the LISD are met, no capital gain or loss shall arise for the donor.

The question raised

1st Application of the reduction provided for in Article 20.6 of the Inheritance and Gift Tax Law.

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