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V0877-21 ·13 April 2021 ·consulta-vinculante Medium impact
Tax

Merger may qualify for special tax regime if commercial requirements and valid economic reasons are met

A solar energy company has requested clarification on whether a demerger/merger operation intended to simplify its structure can benefit from the special Corporate Income Tax regime. The Directorate-General for Taxes (DGT) indicates that the operation must comply with commercial regulations and Article 76.1.a) of the Corporate Income Tax Act, and its primary purpose must not be to obtain a tax advantage.

In 6 key points

How it affects those involved

Companies undergoing restructuring must ensure that their operations are driven by genuine commercial or economic purposes rather than tax avoidance to qualify for special tax treatments.

Lifecycle

2021-04-13PublishedPublished 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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