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V1529-20 ·21 May 2020 ·consulta-vinculante Medium impact
Tax

Requirements for non-monetary contributions under LIS special regime and need for valid economic motives

A taxpayer asks whether transferring shares between entities can qualify for the LIS special regime. The DGT states that this is possible if participation and ownership criteria are met and the transaction has valid economic motives, not just tax advantages.

In 6 key points

How it affects those involved

Contributors must ensure that non-monetary contributions meet participation and ownership conditions and are driven by genuine economic reasons, not solely tax planning.

Lifecycle

2020-05-21PublishedPublished 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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