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V0565-15 ·12 February 2015 ·consulta-vinculante Medium impact
Tax

Capital subscription in a new company generally does not allow for the deduction for reinvestment of extraordinary profits

A company has enquired whether it can apply the deduction for the reinvestment of extraordinary profits by using income obtained to subscribe to the capital of a new company. The DGT has ruled that the reinvestment must be carried out directly by the entity that obtains the profit, except in justified circumstances.

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2015-02-12PublishedPublished 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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