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V0270-16 ·25 January 2016 ·consulta-vinculante Medium impact
Tax

Entity receiving global transfer of assets and liabilities must include income from the transferor's liquidation

A foundation has requested clarification on whether it must report the income and expenses of an entity X that performs a global transfer of assets and liabilities. The Directorate General of Taxes (DGT) indicates that the transferor entity must include the difference between the market value and the tax value of the transferred elements, and that the foundation, in its capacity as a shareholder, will include the difference between the market value of what it receives and the tax value of its shareholding.

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2016-01-25PublishedPublished 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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