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V1621-15 ·26 May 2015 ·consulta-vinculante Medium impact
Tax

Transformation of a non-profit entity into a commercial company ends its Corporate Tax period

A non-profit entity has requested clarification on whether transforming into a commercial company triggers a taxable capital gain for Corporate Tax purposes. The Directorate General of Taxes (DGT) indicates that such a transformation, by altering the tax regime, results in the termination of the tax period and requires the application of specific rules for the income generated.

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Lifecycle

2015-05-26PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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