Garrigues Spain

Within the law of succession there are mainly two different systems for the devolution of the estate.

Subrogation to the tax rights and obligations in mergers, spinoffs and asset contributions, remains unaltered.

As is known, and as has been highlighted on these same pages in the past, the European Commission has in the last years deployed intense activity at the review, under EU state aid rules, of national laws (and individual rulings) regulating the direct taxation of companies.