Skip to content
V1450-15 ·11 May 2015 ·consulta-vinculante Medium impact
Tax

Advance payment of interim dividends in SOCIMIs permitted without breaching statutory deadlines

A listed company enquired whether the profit distribution and payment deadlines for SOCIMIs are mandatory and whether they allow for the advance payment of interim dividends during the financial year. The Directorate-General for Tax (DGT) ruled that the distribution of interim amounts fulfills the purpose of the regulation and does not prevent compliance with statutory deadlines.

In 6 key points

How it affects those involved

This ruling provides legal certainty for SOCIMIs (Spanish REITs) regarding the timing of dividend payments, allowing for greater financial flexibility through interim distributions without risking non-compliance with mandatory distribution requirements.

Lifecycle

2015-05-11PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact