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V0489-22 ·10 March 2022 ·consulta-vinculante Medium impact
Tax

Loss of capital cannot be recognised without legal requirements

The consultant asks whether a capital loss can be recognised for funds invested in a liquidated company that have not been recovered. The DGT responds that non-payment does not automatically constitute a loss and that specific legal conditions must be met for overdue and uncollected credits.

In 6 key points

How it affects those involved

Companies must meet specific legal criteria to claim a capital loss on uncollected overdue credits.

Lifecycle

2022-03-10PublishedPublished 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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