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V2490-22 ·1 December 2022 ·consulta-vinculante Medium impact
Tax

Dividend distributions from profits do not affect the maintenance of equity increases for the capitalisation reserve

A query was raised regarding whether a decrease in equity due to the distribution of dividends from the current financial year's profits constitutes a failure to meet the requirement of maintaining the capitalisation reserve. The Directorate General for Taxes (DGT) ruled that, as the results of the current financial year are not included when determining said increase, the distribution of dividends does not affect the maintenance calculation.

In 6 key points

How it affects those involved

This ruling provides legal certainty for companies regarding the impact of dividend payments on their capitalisation reserve requirements, confirming that current year profits do not influence the maintenance of previously established equity increases.

Lifecycle

2022-12-01PublishedPublished 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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