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V2439-23 ·8 September 2023 ·consulta-vinculante Medium impact
Tax

Demergers and mergers may qualify for tax neutrality if commercial and proportionality requirements are met

A funeral services group has requested a ruling on whether its reorganization, involving total demergers and an improper merger, can benefit from the tax neutrality regime. The Directorate General for Taxes (DGT) indicates that, provided commercial and proportionality requirements are satisfied, these operations could qualify for such treatment under Corporate Income Tax.

In 6 key points

How it affects those involved

This ruling provides clarity for corporate restructurings, confirming that tax neutrality is available for complex reorganisations as long as they are driven by genuine commercial purposes rather than purely tax-driven motives.

Lifecycle

2023-09-08PublishedPublished 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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