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V2371-20 ·10 July 2020 ·consulta-vinculante Medium impact
Tax

Merger by absorption may qualify for tax neutrality if commercial and economic requirements are met

A company has enquired whether a merger by absorption involving several entities can benefit from the special tax neutrality regime. The DGT indicates that if the transaction complies with the Structural Changes Act and Article 76.1 of the Corporate Income Tax Act, it may be applicable provided its primary purpose is not tax evasion or obtaining a tax advantage.

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2020-07-10PublishedPublished 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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