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V0989-21 ·20 April 2021 ·consulta-vinculante Medium impact
Tax

Mergers may qualify for special tax regime if commercial and fiscal requirements are met and valid economic reasons exist

An entity inquired whether its merger operation could qualify for the special regime under the Corporate Income Tax Act and if its objectives were economic in nature. The DGT indicates that it must comply with commercial regulations and Article 76.1.a) of the CIT Act, and must not have fraud or tax advantage as its primary purpose.

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2021-04-20PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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