Example: Income obtained from participation in the own funds of any entity
Mr. LHL has perceived in the exercise 2025 the following returns due to his status as a shareholder of certain publicly traded companies.
1. From the company “Alfa, SA ", he has received the following amounts:
2. On February 10th 2025, has established a temporary usufruct for 10 years in favor of the entity "Beta, SA"on a package of shares in the company "Gamma, SA"for a total amount of 21,000 euros, which will be received in installments of 2,100 euros on February 13th of each of the respective years of the usufruct.
The credit institution has charged you 31 euros for the service of administration and deposit of the shares. Determine the amount of computable net income and withholding taxes.
Solution:
Company "Alpha SA ":
Constitution of usufruct:
Total gross income (1,020 + 300 + 2,100) = 3,420
Deductible expenses = 31
Net income to be integrated into the taxable savings base (3,420 - 31) = 3,389
Notes to the example:
(1) The receipt of fully paid-up shares does not constitute income from movable capital. The tax treatment applicable to the receipt of fully paid-up shares (of securities admitted to trading) is discussed in Chapter 11 of this Manual. (Back)
(2) The withholding tax rate applicable to income derived from participation in the equity of entities for the fiscal year 2025 It's 19 percent.
Consequently, the withholdings incurred were as follows: