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V1152-19 ·27 May 2019 ·consulta-vinculante Medium impact
Tax

Splitting a business activity branch exempt from ITP and AJD

A credit institution with a permanent establishment in Spain asks whether a partial splitting of elements of a digital project is exempt from ITP and AJD. The DGT responds that, as it is a restructuring operation, it is not subject to tax and therefore is exempt.

In 6 key points

How it affects those involved

The exemption applies to partial splits of business activities within a permanent establishment, provided they constitute a restructuring operation.

Lifecycle

2019-05-27PublishedPublished 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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