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V0254-15 ·22 January 2015 ·consulta-vinculante Medium impact
Tax

Capital losses from currency options cannot be offset against returns on movable capital

The taxpayer asks whether a loss from an option on the euro/dollar exchange rate can be offset against interest and dividends. The DGT responds that it cannot, because the loss is a capital loss and interest and dividends are returns on movable capital.

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2015-01-22PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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