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V0369-14 ·13 February 2014 ·consulta-vinculante Medium impact
Tax

Tax treatment of subordinated debt conversion depends on whether the arbitral award is favorable

A consultation was made regarding the Personal Income Tax (IRPF) treatment of converting subordinated bonds into shares, following FROB resolutions and the potential impact of an arbitral award. The Directorate General for Taxes (DGT) states that the tax outcome varies depending on the ruling of the arbitration.

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2014-02-13PublishedPublished 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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