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V1104-19 ·21 May 2019 ·consulta-vinculante Medium impact
Tax

Inability to offset loss from unpaid loan against capital gains from share sales

The taxpayer asks whether a loss from an unpaid loan, arising from a company liquidation, can be offset against capital gains from share sales. The tax authority states that such a loss is included in the general tax base and cannot be offset against capital gains.

In 6 key points

How it affects those involved

Losses from unpaid loans are integrated into the general tax base and cannot be offset against capital gains from asset sales.

Lifecycle

2019-05-21PublishedPublished 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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