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V0306-15 ·27 January 2015 ·consulta-vinculante Medium impact
Tax

Special spin-off regime applicable if transferred assets constitute business lines

A construction and real estate development company has queried whether its non-proportional total spin-off can qualify for the special tax regime. The Directorate-General for Taxes (DGT) has ruled that this is possible provided the segregated assets constitute autonomous business lines and the transaction is supported by valid economic reasons.

In 6 key points

How it affects those involved

Companies undergoing restructuring through non-proportional spin-offs can benefit from tax neutrality if they meet the requirements of business line autonomy and economic justification.

Lifecycle

2015-01-27PublishedPublished 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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