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V0655-26 23 March 2026 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IS · reserva de capitalización

Dividend payout against issuance premium does not affect capitalisation reserve

A consulting entity asks whether distributing dividends charged to the issuance premium of a group fiscal company reduces shareholders' equity for the capitalisation reserve. The DGT responds that the issuance premium is considered a shareholder contribution, and thus its disposition does not count when assessing increases or maintenance of shareholders' equity.

The question raised

Cuestión planteada

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