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V1909-15 ·17 June 2015 ·consulta-vinculante Medium impact
Tax

Mergers may qualify for special tax regime if based on valid economic grounds

A query was raised regarding whether a merger operation can apply the special tax regime under the Corporate Income Tax Act (LIS) and whether administrative cost-saving motives are considered valid. The Directorate General for Taxes (DGT) ruled that if the merger meets both commercial and LIS requirements and is not intended for tax evasion, the stated motives are considered economically valid.

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2015-06-17PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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