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V2146-18 ·18 July 2018 ·consulta-vinculante Medium impact
Tax

Special spin-off regime may apply if segregated activities constitute autonomous business branches

An entity inquired whether the operation of a hotel/spa and a restaurant could be considered independent business branches for a partial spin-off. The DGT ruled that, provided they possess their own organisation and resources, they may qualify as business branches, even in cases involving the leasing of real estate.

In 6 key points

How it affects those involved

This ruling provides legal certainty for companies seeking to undergo partial spin-offs by clarifying the criteria for defining autonomous business branches, specifically regarding the requirement for independent organisational and material resources.

Lifecycle

2018-07-18PublishedPublished 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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