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V0277-18 ·7 February 2018 ·consulta-vinculante Medium impact
Tax

Losses from share investments cannot be offset against rental income

The taxpayer asks whether losses incurred from investing in shares can be offset against rental income. The DGT rules that the investment itself does not generate a loss, but rather the loss arises upon the disposal of the shares, and such losses can only be offset against savings income.

In 6 key points

How it affects those involved

This ruling clarifies the distinction between capital gains/losses and rental income, preventing taxpayers from using investment losses to reduce their tax liability on property income.

Lifecycle

2018-02-07PublishedPublished 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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