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V2932-16 ·23 June 2016 ·consulta-vinculante Medium impact
Tax

IIC mergers may qualify for special Corporate Tax regime if valid economic reasons exist

An investment fund has enquired whether the absorption of several SICAVs can qualify for the special merger regime and if its motives are considered economic. The Directorate General for Taxes (DGT) indicates that this is possible provided the requirements of the Corporate Tax Act are met and the economic motives are valid, warning that tax advantage must not be the primary objective.

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2016-06-23PublishedPublished 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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