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V0566-15 ·12 February 2015 ·consulta-vinculante Medium impact
Tax

Special Corporate Income Tax regime cannot apply to global transfer of assets and liabilities involving liquidation

A company managing lottery points of sale has enquired whether the global transfer of its assets and liabilities can qualify for the special Corporate Income Tax (CIT) regime. The Directorate General for Taxes (DGT) has ruled that this is not possible, as the operation involves the liquidation of the entity and does not fall under the transactions provided for in Article 76 of the Corporate Income Tax Act.

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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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