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V1066-17 ·4 May 2017 ·consulta-vinculante Medium impact
Tax

Payment of a traffic fine does not constitute a capital loss under the Personal Income Tax Act

The taxpayer asks whether a traffic fine paid in 2016 can be considered a capital loss. The Directorate General for Taxes (DGT) responds that it is not deductible as it is considered a consumption expense.

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2017-05-04PublishedPublished 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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