Skip to content
V0264-15 ·22 January 2015 ·consulta-vinculante Medium impact
Tax

Payment of a guarantee does not automatically constitute a patrimonial loss

A taxpayer asks whether paying a debt as a guarantor constitutes a patrimonial loss. The DGT responds that such payment creates a credit right against the guaranteed party and other guarantors, and will only be considered a loss if that credit is judicially uncollectible.

In 6 key points

Lifecycle

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

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact