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V4701-16 8 November 2016 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IS · canje de acciones

Conversion of Class B shares into ordinary shares does not constitute a taxable share exchange if economic and voting rights remain unchanged

An entity sought clarification on whether converting its Class B shares into ordinary shares within a company would constitute a taxable share exchange. The DGT ruled that it does not qualify as an exchange if the same economic and political rights are maintained without any change to the equity position.

The question raised

Cuestión planteada Si el cambio de acciones tipo B por acciones ordinarias que se realizó en septiembre de 2015 supuso para la entidad consultante la realización de una operación de canje de acciones gravable.

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