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V3169-21 ·22 December 2021 ·consulta-vinculante Medium impact
Tax

Merger by absorption may qualify for special regime if carried out under Structural Changes Law and based on valid economic reasons

A query was raised regarding whether the merger of three advisory entities could qualify for the special merger regime and if valid economic reasons exist. The DGT indicates that the operation may qualify for the regime if it meets commercial and Corporate Tax requirements, provided its primary purpose is not fraud or tax advantage.

In 6 key points

How it affects those involved

Companies undergoing restructuring must ensure that mergers are driven by genuine economic motives rather than tax avoidance to benefit from tax neutrality.

Lifecycle

2021-12-22PublishedPublished 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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