Skip to content
V0222-14 ·30 January 2014 ·consulta-vinculante Medium impact
Tax

Special tax regime for share swaps may apply if residency requirements and valid economic reasons are met

An entity intends to acquire 100% of another through a share swap. The Directorate-General for Taxes (DGT) rules that the special Corporate Tax regime can be applied provided that the shareholders and the acquiring entity are resident in Spain and the transaction serves genuine economic purposes rather than being solely for tax advantages.

In 6 key points

How it affects those involved

This ruling provides legal certainty for corporate restructurings and acquisitions involving share swaps, confirming that tax neutrality can be achieved if the transaction is backed by real economic substance and meets residency criteria.

Lifecycle

2014-01-30PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact