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V0608-14 ·6 March 2014 ·consulta-vinculante Medium impact
Tax

Potential application of special merger regime and VAT exemption in cross-border mergers

A securities company has enquired whether its merger with a Luxembourg entity qualifies for the special merger regime, the offsetting of tax loss carryforwards, and VAT exemption. The Directorate General for Taxes (DGT) has ruled that the transaction meets the requirements for the special regime and VAT exemption, provided there are valid economic reasons and an autonomous economic unit is transferred.

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2014-03-06PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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