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V2068-14 30 July 2014 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IS · consolidación fiscal

Sports entity may join tax group in 2013 following amendment of articles of association

A query was raised regarding the tax period in which a sports entity, previously operating on a July-to-June cycle, could join the tax group of its parent company. The DGT ruled that it may join in the 2013 financial year after aligning its accounting period with the calendar year.

The question raised

In which tax period does the sports entity join the tax group of the parent entity.

The DGT's ruling

By amending the statutes of the sports entity to coincide with the calendar year, the impossibility of adapting the financial year ceases to apply. Therefore, the entity joins the tax group in the 2013 tax period, considering the taxable base of its exceptional period from July 1 to December 31.

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