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V0992-15 ·27 March 2015 ·consulta-vinculante Medium impact
Tax

To qualify for the special merger regime, the absorbing company must allocate capital values to the shareholders of the absorbed company

A real estate company has enquired whether its double merger-by-absorption operation can qualify for the special Corporate Tax regime. The DGT has ruled that for company B, it is necessary to allocate values to its shareholders that are representative of the absorbing company's capital; otherwise, it will not comply with the regime.

In 6 key points

How it affects those involved

This ruling clarifies the requirements for maintaining tax neutrality in complex merger structures, specifically regarding the allocation of capital values to shareholders.

Lifecycle

2015-03-27PublishedPublished 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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