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V0259-17 ·1 February 2017 ·consulta-vinculante Medium impact
FISCAL

Dividend distribution from exercise reserves under patrimonial companies regime

A patrimonial company asks whether it can pay dividends using results from those exercises while coexisting with reserves from other periods. The DGT states that the special treatment applies only if the shareholding agreement specifies it.

In 5 key points

How it affects those involved

Companies operating under the patrimonial regime must ensure their shareholding agreement explicitly allows for dividend distribution from exercise reserves to qualify for the special treatment.

Lifecycle

2017-02-01PublishedPublished 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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