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A company enquired whether it could apply the tax deduction for the reinvestment of extraordinary profits if, after acquiring a 5% stake in a company, its shareholding fell below that threshold due to a merger by absorption. The Directorate General for Taxes (DGT) ruled that a reduction in percentage caused by a merger is considered a justified loss and does not breach the investment maintenance requirement.
Cuestión planteada 1. Si la entidad consultante puede aplicar en el ejercicio 2015 la deducción prevista en el artículo 42 del TRLIS, con motivo de la adquisición del 5% en la entidad B, sin perjuicio de que con posterioridad el porcentaje que ostente en la entidad C sea inferior al 5% como consecuencia de la fusión absorción de B, acogida al régimen especial del capítulo VII del título VII de la LIS.
Si la reinversión se realiza adquiriendo al menos el 5% de la participación dentro del plazo legal, la reducción posterior de dicho porcentaje por debajo del 5% debido a una operación de fusión de la sociedad participada se considera una pérdida justificada. Por tanto, no se entendería incumplido el requisito de mantenimiento previsto en el artículo 42.8.a) del TRLIS. Asimismo, para computar el porcentaje de participación, se debe considerar el capital social de la entidad sin descontar las acciones que esta tenga en autocartera.
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