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V4798-16 ·10 November 2016 ·consulta-vinculante Medium impact
Tax

Entity resulting from a merger cannot apply small business incentives if joint turnover exceeds €10 million

A query was raised regarding whether two companies forming a group could apply small business incentives following a merger. The DGT determined that, as the joint turnover has exceeded €10 million since 2011, the entity resulting from the merger is ineligible for such incentives in 2015.

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2016-11-10PublishedPublished 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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