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V2490-22 1 December 2022 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IS · reserva de capitalización

Dividend distributions from profits do not affect the maintenance of equity increases for the capitalisation reserve

A query was raised regarding whether a decrease in equity due to the distribution of dividends from the current financial year's profits constitutes a failure to meet the requirement of maintaining the capitalisation reserve. The Directorate General for Taxes (DGT) ruled that, as the results of the current financial year are not included when determining said increase, the distribution of dividends does not affect the maintenance calculation.

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