Skip to content
V1065-16 ·16 March 2016 ·consulta-vinculante Medium impact
FISCAL

Limiting administrators' powers may breach foreign holding entity regime

A company asked whether restricting its administrators' authority to require board approval for asset purchases would affect its special regime. The DGT responds that such limitation breaches the management and administration requirements of this regime.

In 6 key points

How it affects those involved

Restricting administrators' powers to require board approval for asset transactions may invalidate the special regime applicable to foreign holding entities.

Lifecycle

2016-03-16PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The fiscal team reviews your specific situation.

Talk to the fiscal team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact