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V0428-19 ·28 February 2019 ·consulta-vinculante Medium impact
Tax

Partially exempt entities may apply the capitalisation reserve reduction if requirements are met

An entity under the partially exempt regime has enquired whether it can benefit from the capitalisation reserve reduction under Article 25 of the Corporate Income Tax Act (LIS). The Directorate General for Taxes (DGT) has ruled that, as the regulation imposes no limitations on such entities, they may apply it provided they meet the legal requirements.

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2019-02-28PublishedPublished 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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