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V2161-20 ·26 June 2020 ·consulta-vinculante Medium impact
Tax

A merger may qualify for the special Corporate Tax regime if valid economic reasons exist

The applicant asks whether a merger of companies intended to centralise activity and optimise resources can apply the special Corporate Tax regime, and what the impact is on VAT and Stamp Duty (ITP/AJD). The DGT indicates that the reasons provided could be valid if legal requirements are met, and that the transfer of a business assets portfolio is not subject to VAT.

In 6 key points

How it affects those involved

Companies planning restructuring through mergers should ensure they can document valid economic motives to benefit from special tax regimes and avoid VAT on asset transfers.

Lifecycle

2020-06-26PublishedPublished 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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