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V3100-17 29 November 2017 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · rendimiento del capital mobiliario

Dividends from asset-holding companies' reserves are not included in shareholders' personal income tax

A shareholder inquired whether dividends distributed by a company using the special regime for asset-holding companies must be declared for personal income tax (IRPF) purposes. The Directorate General for Taxes (DGT) ruled that these dividends are not included in the taxable income for the period.

The question raised

Whether the participants in the company must include in their Personal Income Tax return the dividends they receive.

The DGT's ruling

Dividends distributed from profits obtained in financial years under the special regime for patrimonial companies shall not be included in the partner's Personal Income Tax (IRPF) income. Pursuant to the tenth transitional provision of Law 27/2014, these amounts shall not be included in the income for the period, nor shall they be subject to withholding or payment on account.

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