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V0982-21 ·19 April 2021 ·consulta-vinculante Medium impact
Tax

Special spin-off regime cannot be applied if transferred assets do not constitute a line of business

The taxpayer asks whether the segregation of assets can qualify for the special partial spin-off regime. The DGT rules that, as there is no pre-existing separate organisation constituting a line of business, the transaction does not meet the requirements of Corporate Income Tax.

In 6 key points

How it affects those involved

Companies attempting to restructure by segregating assets without a distinct, pre-existing business unit will not benefit from the tax advantages of the special spin-off regime.

Lifecycle

2021-04-19PublishedPublished 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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