Los incentivos fiscales al relevo generacional en la empresa familiar y su controvertida aplicación práctica

Abstract

Transfer of family businesses to the next generation, whether mortis causa or inter vivos, is subject to a favorable tax framework of rules grounded on the exemption of certain undertakings from the Net Wealth Tax.
This article reviews the interpretative conflicts arising in practice from the framework’s application with the purpose of providing a guide in connection with the sensitive issues to bear in mind when analyzing the planning and succession of family businesses.