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V2917-20 ·28 September 2020 ·consulta-vinculante Medium impact
Tax

Total demergers may qualify for special tax regime if carried out under the Structural Changes Act

The applicant asks whether a demerger of their assets can qualify for the special Corporate Tax regime and if valid economic reasons must exist. The DGT indicates that, provided commercial regulations are met, the special regime may apply as long as its primary purpose is not tax evasion or tax advantage.

In 6 key points

How it affects those involved

Companies planning structural reorganisations must ensure that demergers are driven by genuine economic motives rather than purely tax-driven objectives to qualify for special tax treatment.

Lifecycle

2020-09-28PublishedPublished 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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