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V1266-15 ·27 April 2015 ·consulta-vinculante Medium impact
Tax

Acquisition of shares through capital increases may qualify for reinvestment tax relief

A company sought clarification on whether acquiring shares in a company through a capital increase, thereby gaining control, would allow for the application of the tax deduction for the reinvestment of extraordinary profits. The Directorate General for Taxes (DGT) ruled that this is possible provided the requirements of Article 42 of the Corporate Income Tax Act (TRLIS) are met and the transaction does not occur between entities within the same group.

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2015-04-27PublishedPublished 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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