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V1119-16 ·21 March 2016 ·consulta-vinculante Medium impact
Tax

Legal claim or notary requirement needed to apply reduction for bad debts

The taxpayer asks whether they can reduce the tax base for bad debts following a court ruling, or the timeframe for rectification if an invoice is declared undue. The DGT rules that for bad debts, specific collection proceedings must be initiated, and for undue invoices, the limitation period is four years.

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Lifecycle

2016-03-21PublishedPublished 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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