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V3022-20 ·6 October 2020 ·consulta-vinculante Medium impact
FISCAL

Possibility of applying the special merger regime for cross-border transactions under specific conditions

A consultancy firm proposes an absorption merger where the absorbing entity is Italian and assets in Spain are affected by a permanent establishment. The DGT indicates that the operation may qualify for the special merger regime under Legislative Decree 3/2009 if it meets the required conditions and has valid economic motives, while also assessing the existence of a permanent establishment and exemption from VAT and ITPAJD.

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2020-10-06PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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