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V4383-16 ·11 October 2016 ·consulta-vinculante Medium impact
Tax

Partial demergers may qualify for special Corporate Tax regime and be exempt from VAT, Stamp Duty, or Property Transfer Tax

A company engaged in courier services, renovations, and leasing has queried whether its partial demerger, intended to separate its real estate activities, can qualify for the special Corporate Tax regime. The Directorate-General for Taxes (DGT) has ruled that, provided the requirements of an autonomous economic unit and valid economic reasons are met, the transaction is eligible for this regime and will not be subject to VAT, Stamp Duty (ITP/AJD), or Property Transfer Tax (IIVTNU).

In 6 key points

How it affects those involved

This ruling provides legal certainty for companies undergoing restructuring, confirming that partial demergers can achieve tax neutrality if they meet specific structural and economic criteria.

Lifecycle

2016-10-11PublishedPublished 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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