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V0269-17 ·1 February 2017 ·consulta-vinculante Medium impact
Tax

Dividends representing a return of capital are not considered taxable dividends

A Spanish resident entity sought clarification on the tax treatment of dividends received from a wholly-owned subsidiary. The DGT ruled that, as these constitute an indirect return of capital, they are not classified as dividends.

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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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