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V1987-15 25 June 2015 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IS · aportación no dineraria

Non-cash contribution followed by share exchange cannot benefit from LIS special regime

The DGT responds that a non-cash contribution followed by a share exchange between shareholders produces effects equivalent to an unjustified partial disproportionate split, thus excluding it from the special reorganisation regime.

The question raised

Whether the described operation enjoys the legal protection provided for in Articles 76 to 89 of Law 27/2014, of November 27, on Corporate Income Tax.

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