Capital gains on shares held for less than a year are compulsorily included if they are earned by a holder with a taxable income equal to or greater than the value of the last bracket of the progressive rate table, which currently exceeds 78,834€.
The balance of capital gains and losses generated by the sale of securities must be included, but only if two conditions are met simultaneously:
- The assets are held for less than 365 days;
- The taxpayer has a taxable income, including this balance, equal to or greater than the value of the last bracket.
If you are in this situation, you will have a tax rate of 48% on capital gains instead of 28%.