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V0924-14 ·2 April 2014 ·consulta-vinculante Medium impact
Tax

Exemption for transfer of shares in ETVE on non-resident subsidiary profits

A Spanish company (A) asks whether it can apply the exemption under Article 21 of the TRLIS to the profit from the sale of its share in an ETVE (E), which holds direct and indirect shares in non-resident entities. The DGT confirms that the exemption can be applied to the portion of the profit attributable to shares in non-resident entities that meet the conditions of Article 21, whether the share is direct or indirect.

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2014-04-02PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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