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V3218-16 11 July 2016 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IS · sociedad civil

A financial investment civil society may be exempt from Corporation Tax if it fails to meet commercial purpose requirements

A query was raised regarding whether a civil society dedicated to holding financial investments is liable for Corporation Tax. The DGT has determined that it is not, as it fails to meet the necessary requirements for a commercial purpose.

The question raised

Cuestión planteada Si la sociedad consultante será contribuyente del Impuesto sobre Sociedades.

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