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A taxpayer has requested clarification regarding the tax treatment of converting subordinated bonds into shares (which are immediately transferred without consideration) and the subsequent receipt of new bonds. The DGT has determined that the operation constitutes an amortisation of bonds and that the delivery of new bonds is treated as income in kind.
Cuestión planteada Tratamiento en el IRPF de las referidas operaciones.
La conversión de obligaciones en acciones para su inmediata transmisión sin contraprestación se considera una única operación de amortización, generando un rendimiento del capital mobiliario negativo por la diferencia entre el valor de adquisición y el valor de amortización (cero euros). La entrega de nuevos bonos se califica como rendimiento del capital mobiliario previsto en el artículo 25.2 de la LIRPF, valorándose por su valor normal en el mercado al ser una renta en especie. Estos rendimientos negativos pueden compensarse con los positivos generados por la entrega de los nuevos bonos en la base imponible del ahorro.
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