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V3714-15 ·25 November 2015 ·consulta-vinculante Medium impact
Tax

Special share exchange regime may apply if valid economic reasons exist

A query was raised regarding whether a share exchange involving multiple companies for holdings in a parent company can qualify for the special regime under the Corporate Income Tax Act (LIS). The Directorate General for Taxes (DGT) indicates that this is possible, provided that residency requirements are met and the primary objective is not tax fraud or evasion.

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2015-11-25PublishedPublished 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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