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V0375-20 ·19 February 2020 ·consulta-vinculante Medium impact
Tax

Reduced 15% rate cannot be applied if the activity was transferred by a related party

A query was raised regarding whether a newly incorporated entity can apply the reduced Corporation Tax rate. The DGT ruled that it cannot do so if the economic activity was previously carried out by a related party and subsequently transferred to the entity.

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2020-02-19PublishedPublished 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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