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V3473-20 1 December 2020 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
ISD · valor real

Valuation of shares in donations: Wealth Tax rules and Income Tax treatment

A taxpayer has requested guidance on how to value shares in a real estate company for a donation between siblings. The DGT has ruled that, as the balance sheet is not audited, the Wealth Tax rules shall apply to determine the real value.

The question raised

A) How shares should be valued to determine the taxable base for Inheritance and Gift Tax.

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