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V1665-20 ·28 May 2020 ·consulta-vinculante Medium impact
Tax

Merger by absorption may qualify for special regime if it complies with commercial law and has valid economic reasons

A query was raised regarding whether the merger of two companies can apply the special Corporate Tax regime and if valid economic reasons exist. The DGT indicates that it must comply with the Structural Changes Act and Article 76.1 of the Corporate Tax Act, and must not have fraud or tax advantage as its primary purpose.

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2020-05-28PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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