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V4627-16 ·2 November 2016 ·consulta-vinculante Medium impact
Tax

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

A query was raised regarding whether the dissolution of a company in the Island of Guernsey, which owns a Spanish entity holding real estate, triggers ITPAJD. The DGT ruled that it will only be taxed on corporate operations 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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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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