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V1126-14 ·22 April 2014 ·consulta-vinculante Medium impact
Tax

Mergers may qualify for special Corporate Tax regime if carried out for valid economic reasons

A query was raised regarding whether a merger operation can apply the special tax regime for corporate reorganisations. The DGT ruled that this is possible provided the operation meets the requirements of the Corporate Tax Law and the Structural Changes Law, and its primary purpose is not tax fraud or tax advantage.

In 6 key points

How it affects those involved

This ruling clarifies the criteria for accessing tax neutrality in mergers, emphasizing that economic substance must prevail over tax-driven motives.

Lifecycle

2014-04-22PublishedPublished 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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