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V2037-25 29 October 2025 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IS · escisión parcial

Partial spin-off of real estate activity requires establishment as an autonomous business branch for fiscal neutrality

A company wishes to carry out a partial spin-off to separate its real estate from its IT networking activities in order to achieve fiscal neutrality. The DGT states that for this regime to apply, the segregated assets must constitute an autonomous business branch capable of operating independently, and such structure must already exist in the transferring company.

The question raised

Whether the taxpayer may undertake a spin-off process of the business into companies A and B to transfer all real estate assets from company A to company B, which would manage their comprehensive operation, and to leave in company A the sole corporate purpose of network installation, requesting that this operation be tax-neutral and, therefore, exempt from taxation during the spin-off process

The DGT's ruling

Para disfrutar de la neutralidad fiscal en una escisión parcial, el patrimonio transmitido debe ser una rama de actividad que constituya una unidad económica autónoma capaz de funcionar por sus propios medios. Esto requiere que exista una organización empresarial diferenciada y un conjunto de activos y pasivos identificables en la entidad transmitente. Si no se acredita la existencia previa de dicha rama de actividad con medios materiales y personales propios, no será aplicable el régimen de neutralidad fiscal.

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