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V5082-26 26 June 2026 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IS · escisión total

Proportional spin-off and subsequent absorption merger may qualify for tax neutrality

A company proposes a proportional spin-off to separate its industrial activities from its real estate assets, followed by an absorption merger. The DGT seeks to know whether these operations may apply the special tax neutrality regime of the Corporate Income Tax.

The question raised

Whether the described proportional total spin-off operation, consisting of the block transfer by A of its entire corporate assets in favor of the newly created companies NEWCO1 and NEWCO2, with the shareholders of the spun-off entity receiving shares in the beneficiary companies in the same proportion as they currently hold in A, is subject to the special tax regime provided for in Chapter VII of Title VII of Law 27/2014, of November 27, on Corporate Income Tax.

The DGT's ruling

La escisión total proporcional puede acogerse al régimen de neutralidad fiscal si cumple los requisitos del artículo 76.2.1.a) de la LIS. La posterior fusión por absorción también puede aplicar dicho régimen si cumple el artículo 76.1 de la LIS. Bajo este régimen, no se integrarán rentas en las sociedades ni en los socios, siempre que la operación no tenga como objetivo principal el fraude o la evasión fiscal.

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