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V0874-15 ·23 March 2015 ·consulta-vinculante Medium impact
Tax

A tax group may be dissolved to merge into another when the parent entity is resident in the Basque Country

A query was raised regarding the procedure when two tax groups sharing the same parent entity (resident in the Basque Country) must unify following the entry into force of the Corporate Income Tax Act. The Directorate General for Taxes (DGT) ruled that both must be integrated into a single group, allowing for the dissolution of one so that its subsidiaries can be incorporated into the other.

In 6 key points

How it affects those involved

This ruling clarifies the restructuring process for tax groups involving entities subject to Basque regional tax regulations, ensuring legal certainty during corporate reorganisations.

Lifecycle

2015-03-23PublishedPublished 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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