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V0651-25 ·10 April 2025 ·consulta-vinculante Low impact
Tax

Deductible credit deterioration in linked entities upon liquidation phase opening

A Spanish company asked whether it could deduct credit deterioration on a loan to a Mexican subsidiary in liquidation. The DGT clarifies that, as linked entities, such deterioration is not deductible until the liquidation phase is formally opened.

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2025-04-10PublishedPublished 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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