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V0780-24 ·17 April 2024 ·consulta-vinculante Medium impact
Tax

Loss from fraud can be deducted if properly justified

The taxpayer asks whether losses from cryptocurrency fraud can be deducted in their personal income tax. The DGT states that such losses are patrimonial losses, but must be properly justified.

In 6 key points

How it affects those involved

Taxpayers suffering cryptocurrency fraud may be able to deduct losses if adequately documented and justified.

Lifecycle

2024-04-17PublishedPublished 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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