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V2620-16 ·13 June 2016 ·consulta-vinculante Medium impact
Tax

Companies within a coordination group must meet economic activity requirements individually

A query was raised regarding whether two companies belonging to a coordination group can apply the special SME regime. The DGT has determined that, as they do not constitute a group of companies under Article 42 of the Commercial Code, economic activity must be assessed individually for each entity.

In 6 key points

How it affects those involved

Companies operating within coordination groups cannot aggregate their turnover or assets to qualify for SME status; they must meet the criteria on an individual basis.

Lifecycle

2016-06-13PublishedPublished 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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