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V0949-14 ·3 April 2014 ·consulta-vinculante Medium impact
Tax

Exemption applies only if capital reduction stems from undistributed profits

A Danish company asks whether the return of real estate via capital reduction in its Spanish subsidiary is exempt. The DGT responds that the EU exemption applies only if the capital reduction arises from undistributed profits.

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2014-04-03PublishedPublished 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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