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V0152-21 ·2 February 2021 ·consulta-vinculante Medium impact
Tax

Reverse mergers may qualify for special Corporate Tax regime if commercial requirements and valid economic reasons are met

A company has enquired whether a reverse merger between entity A (the absorbing entity) and entity B (the absorbed entity) can benefit from tax deferral. The DGT indicates that, provided the transaction complies with commercial regulations and Article 76.1.a) of the Corporate Tax Act, it could qualify for the special regime, provided there are valid economic reasons and the purpose is not to obtain a tax advantage.

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2021-02-02PublishedPublished 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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