Skip to content
V1121-15 ·13 April 2015 ·consulta-vinculante Medium impact
Tax

Brazilian dividends exempt in Spain but count for other income tax rates

A Spanish resident asks whether interest from a loan used to invest in a Brazilian company can be deducted and how Brazilian dividends are taxed. The DGT responds that dividends are exempt in Spain under the Brazil-Spain double taxation treaty, but are used to calculate the tax rate on other types of income, and that loan interest is not deductible.

In 6 key points

Lifecycle

2015-04-13PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact