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V0130-20 ·21 January 2020 ·consulta-vinculante Medium impact
Tax

Supplementary tax returns must be filed to regularise interest from floor clauses previously deducted as expenses

A taxpayer inquired about the tax regularisation of refunds received due to floor clauses, which had previously been deducted as expenses under income from real estate capital. The Directorate General for Taxes (DGT) ruled that supplementary tax returns must be filed for all non-prescribed tax years.

In 6 key points

How it affects those involved

Taxpayers who previously deducted floor clause interest as a deductible expense must now file supplementary returns to correct their tax liability for the relevant non-prescribed periods.

Lifecycle

2020-01-21PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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