Skip to content
V0272-16 ·25 January 2016 ·consulta-vinculante Medium impact
Tax

Income tax refunds may be requested for interest on preferred shares declared null and void

A taxpayer inquired about the tax treatment regarding the nullity of preferred shares, the refund of interest, and statutory interest. The Directorate General for Taxes (DGT) ruled that interest already paid can be recovered through a tax return amendment, and that statutory interest resulting from the nullity is taxed as capital gains.

In 6 key points

Lifecycle

2016-01-25PublishedPublished 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