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V2200-17 ·30 August 2017 ·consulta-vinculante Medium impact
Tax

Companies resulting from a total demerger may retain Wealth Tax exemptions

The applicant asks whether, following a total demerger, the newly formed companies retain their Wealth Tax exemptions and whether descendants can apply reductions to Inheritance and Gift Tax. The DGT rules that the exemption is maintained if the new entities carry out economic activities and that kinship-based reductions are applicable provided legal requirements are met.

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Lifecycle

2017-08-30PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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