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V1581-18 ·7 June 2018 ·consulta-vinculante Medium impact
Tax

Special spin-off regime cannot be applied if segregated assets do not constitute a line of business

An educational group requested a ruling on whether separating its teaching centres to create new companies constitutes a partial spin-off. The DGT ruled that, to qualify for the special tax regime, the transferred assets must constitute a line of business with its own organisation prior to the transaction.

In 6 key points

How it affects those involved

Companies planning restructuring through spin-offs must ensure that the assets being transferred are structured as an independent line of business with its own organisational setup to benefit from special tax treatment.

Lifecycle

2018-06-07PublishedPublished 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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