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V2614-20 ·31 July 2020 ·consulta-vinculante Medium impact
Tax

Mergers may qualify for special regime if valid economic reasons exist and are not for fraud

The applicant asks whether a restructuring of their real estate trading companies can qualify for the special merger regime. The DGT indicates that if the operation meets commercial and tax requirements and has valid economic reasons, it could apply, although the existence of tax loss carryforwards is not sufficient grounds on its own.

In 6 key points

How it affects those involved

Companies undergoing restructuring must demonstrate genuine economic substance beyond mere tax advantages to qualify for the special merger regime.

Lifecycle

2020-07-31PublishedPublished 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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