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V0114-15 ·16 January 2015 ·consulta-vinculante Medium impact
Tax

Special merger regime applicable if legal requirements are met and valid economic reasons exist

A holding company has enquired whether its merger operation can qualify for the special tax regime. The DGT has ruled that if the merger complies with commercial and Corporate Tax requirements, and is carried out for valid economic reasons rather than solely for tax advantages, the special regime may be applied.

In 6 key points

How it affects those involved

This ruling clarifies that the substance of the economic reason behind a merger is crucial for tax neutrality, preventing the misuse of the special regime for purely tax-driven purposes.

Lifecycle

2015-01-16PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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