STORIES

19 October, 2012

Eliminating tax obstacles to the transfer of shares



Share This:



The Spanish Government is preparing new measures to prevent tax fraud, more reprehensible than ever considering the current economic context.

The good news that we are bringing you today is that the new regulations, which are currently being drafted, are expected to introduce new amendments relating to the transfer of shares of real estate companies.

For those that may not be familiar with it, it must be reminded that a share transfer of a company that may qualify as a real estate company for tax purposes, (when its assets consist in, at least, 50% of real estate located in Spain) is subject to Transfer tax, (generally from 7 to 8 per cent, depending on the geographical location of the real estate).

Share This:

CONTACT

MADRID
Orense 34, planta 8ª 28020.
T+34 91 192 21 22

MAP

BARCELONA
General Mitre 28-30 08017.
T+34 93 363 65 10

MAP

Based in Barcelona and Madrid. Englobally is our Latin American business partner established in Santiago de Chile.

We are also part of Englobally Group, an international association of independent accounting and advisory firms that provide a one-stop shop managed solution for accounting, payroll and HR needs, with member firms in over 25 countries and associates working in many others. Many fast growing technology and lifescience businesses find their international services invaluable. Companies in many other sectors are attracted by the close and supportive way Englobally Group works.

Name

E-mail

Please leave this field empty.

Message

Please type the code below

captcha