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V1083-16 ·17 March 2016 ·consulta-vinculante Medium impact
Tax

A Luxembourg SICAR cannot be a controlling entity in a Spanish fiscal group without majority voting rights

A Luxembourg-based investment capital company asks whether it can be the controlling entity in a Spanish fiscal group. The DGT responds that it cannot, as it does not hold a majority of voting rights in the companies it invests in.

In 6 key points

How it affects those involved

Companies structured as Luxembourg SICARs cannot act as controlling entities in Spanish fiscal groups unless they hold a majority of voting rights in the companies they own.

Lifecycle

2016-03-17PublishedPublished 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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