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V4626-16 ·2 November 2016 ·consulta-vinculante Medium impact
Tax

Dissolution of a BVI company only subject to ITPAJD if it carries out business operations in Spain

A majority shareholder of a British Virgin Islands company, which owns a Spanish company with real estate assets, seeks clarification on whether the dissolution of said foreign company is subject to ITPAJD. The DGT rules that dissolution is only taxable if the foreign company has effectively carried out business operations in Spain.

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2016-11-02PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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