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The applicant asks whether a capital reduction in a foreign subsidiary necessitates the reversal of tax deductions applied under Article 12.5 of the TRLIS. The DGT rules that no reversal is required if the shareholding percentage remains unchanged, but reversal is mandatory if the reduction alters said percentage.
Cuestión planteada Si la realización de una reducción de capital conllevaría o no la obligación de revertir, las cantidades deducidas en períodos impositivos anteriores, y si en su caso, modificaría el cálculo de las cantidades que, en el futuro y mientras se siguieran cumpliendo los requisitos exigidos, la entidad consultante, tendría derecho a deducir por la aplicación del artículo 12.5 del Texto Refundido de la Ley del Impuesto sobre Sociedades, aprobado por Real Decreto Legislativo 4/2004, de 5 de Marzo, por su participación en la entidad M.
Si la reducción de capital mantiene el porcentaje de participación de los socios, no se produce una desinversión y se puede seguir aplicando la deducción sin revertir importes. Si la reducción modifica el porcentaje de participación, se entiende que hay una transmisión por la diferencia de porcentajes, obligando a revertir la corrección valorativa correspondiente a esa parte.
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