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V2036-19 ·7 August 2019 ·consulta-vinculante Medium impact
Tax

Special spin-off regime requires transfer of a business line and valid economic reasons

The DGT has addressed whether a partial spin-off of a company engaged in property renovation and rental can qualify for the special Corporate Tax regime. The DGT indicates that a business line must be transferred and the transaction must be driven by valid economic reasons rather than solely for tax advantages.

In 6 key points

How it affects those involved

Companies planning restructuring must ensure that spin-offs involve the transfer of a distinct business line and possess genuine economic substance to qualify for tax benefits.

Lifecycle

2019-08-07PublishedPublished 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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