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V1121-20 ·28 April 2020 ·consulta-vinculante Medium impact
FISCAL

Exchange regime may apply if voting rights and LIS Article 80 conditions are met

The consultant asks whether a share exchange to group shares in a new parent company complies with regulations. The DGT states that the special regime may apply if the acquiring entity obtains a majority of voting rights and the conditions in Article 80 of the LIS are met.

In 6 key points

How it affects those involved

The special exchange regime may apply under specific conditions, affecting corporate restructuring and shareholding structures.

Lifecycle

2020-04-28PublishedPublished 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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