Company: BBVXF
Filing Date: 2025-01-08
Form Type: 424B5
Source: 0001193125-25-003393
Chunk: 161

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-01-08
Form: 424B5
Chunk 161
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 applicable to all categories of investors, some of which might be subject to special rules. Prospective investors should consult their own tax advisers as to the consequences under the tax laws of the country of which they are resident for tax purposes and the tax laws of Spain of acquiring, holding and disposing of Preferred Securities and Common Shares and receiving any payments under the Preferred Securities and Common Shares. This summary is based upon the law as in effect on the date of this prospectus supplement and is subject to any change in law that may take effect after such date. References in this section to “Holders” include the beneficial owners of the Preferred Securities and Common Shares, where applicable.

Acquisition of the Preferred Securities and Common Shares

The issue of, subscription for, transfer and acquisition of the Preferred Securities and Common Shares is exempt from Transfer and Stamp Tax
(Impuesto sobre Transmisiones Patrimoniales y Actos Jurídicos Documentados) and Value Added Tax (Impuesto sobre el Valor Añadido).

Taxation on the income and transfer of the Preferred Securities and Common Shares

The tax treatment of the acquisition, holding and subsequent transfer of the Preferred Securities and Common Shares is summarized below and is
based on the tax regime applicable pursuant to:

(i) for individuals resident for tax purposes in Spain which are subject to the PIT
(Impuesto sobre la Renta de las Personas Físicas), Law 35/2006 of November 28, on the PIT and on the Partial Amendment of the Corporate Income Tax Law, the Non-Residents Income Tax Law and
the Net Wealth Tax Law, and Royal Decree 439/2007, of March 30 enacting the PIT Regulations, along with Law 19/1991 of June 6 approving the Wealth Tax Law (Impuesto sobre el Patrimonio), Law 29/1987, of December 18 on
Inheritance and Gift Tax (Impuesto sobre Sucesiones y Donaciones) and Law 38/2022, for the establishment of temporary levies on energy and on financial credit institutions and introducing a temporary solidarity tax on large fortunes, as
amended;

(ii) for legal entities resident for tax purposes in Spain which are subject to the Corporate Income Tax
(“CIT”or the “Corporate Income Tax Law”) (Impuesto sobre Sociedades), Law 27/2014 of November 27 and Royal Decree 634/2015, of July 10 enacting the CIT Regulations; and

(iii)