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V0863-23 ·12 April 2023 ·consulta-vinculante Medium impact
Tax

Exemption on the transfer of shares requires the entity not to be a holding company or for income to be limited to undistributed profits

A company sought clarification on whether the capital gain from selling 100% of a subsidiary dedicated to online gaming was exempt from Corporate Tax. The DGT indicates that the exemption applies provided the requirements of Article 21 of the LIS are met and the entity is not considered a holding company.

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2023-04-12PublishedPublished 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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