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V0234-14 ·31 January 2014 ·consulta-vinculante Medium impact
Tax

Total or partial demergers may qualify for special Corporate Tax regime and be subject to no VAT or exempt from Transfer Tax/Stamp Duty

A company combining car dealership activities and property leasing seeks clarification on whether it can undergo a total or partial demerger under the special Corporate Tax regime. The DGT rules that, provided the requirements regarding business lines and valid economic reasons are met, the special Corporate Tax regimes, VAT non-subjectivity, and exemptions from Transfer Tax and Stamp Duty may apply.

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2014-01-31PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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