Skip to content
V2067-16 ·13 May 2016 ·consulta-vinculante Medium impact
Tax

Entities with excess cash from undistributed profits are not necessarily patrimonial entities

A query was raised regarding whether a commercial intermediary entity qualifies as a patrimonial entity and if it can apply the small-scale regime. The DGT ruled that short-term financial assets derived from undistributed profits of the economic activity are considered assets used for business purposes when determining if the entity is patrimonial.

In 6 key points

Lifecycle

2016-05-13PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact