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V1556-20 ·22 May 2020 ·consulta-vinculante Medium impact
Tax

Mergers may qualify for special tax regime if they comply with commercial law and have valid economic reasons

The applicant asks whether a merger operation can apply the special regime under the Corporate Income Tax Act (LIS) and if its motives are economic. The DGT indicates that it must comply with the Structural Changes Act and its primary purpose must not be fraud or tax advantage.

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2020-05-22PublishedPublished 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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