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V5074-26 25 June 2026 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IS · escisión total no proporcional

Total non-proportional spin-off requires autonomous activity branches for fiscal neutrality

A healthcare society asks whether it can carry out a total non-proportional spin-off (allocating shareholdings differently to shareholders) under the fiscal neutrality regime. The DGT responds that for a non-proportional spin-off to be fiscally neutral, the segregated assets must constitute autonomous activity branches under article 76.4 of the LIS.

The question raised

1. Whether the projected operation could qualify for the special tax regime regulated in Chapter VII of Title VII of Law 27/2014, of November 27, on Corporate Income Tax (hereinafter, LIS) in accordance with all the foregoing, in particular pursuant to arts. 76.2 and 76.4 LIS, and relevant jurisprudence and doctrine, given that the spun-off assets are autonomous and real business lines, even if the allocation of shares in the beneficiary companies is not proportional.

The DGT's ruling

Para que una escisión total no proporcional sea fiscalmente neutra, los patrimonios segregados deben ser ramas de actividad según el art. 76.4 LIS. Esto exige que cada bloque sea una unidad económica autónoma capaz de funcionar por sus propios medios con una organización diferenciada. El hecho de tener centros en distintas provincias no garantiza por sí solo la existencia de tales ramas de actividad.

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