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V1043-18 ·25 April 2018 ·consulta-vinculante Medium impact
Tax

Absorbing entity must follow general accrual basis after merger, unless opting for cash accounting

A company subject to the general VAT scheme absorbs another that used the special cash accounting scheme. The DGT clarifies that the absorbing entity must follow the general accrual rules following the merger, although it may subsequently opt for the cash accounting method.

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2018-04-25PublishedPublished 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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