Skip to content
V1180-24 ·23 May 2024 ·consulta-vinculante Medium impact
Tax

Expenses from improper appropriation are deductible upon incurrence or accounting recordation, excluding penalties

The consultant asks whether a provision for alleged improper appropriation can be deducted tax-wise and how to correct it after a judicial resolution. The DGT states that the expense is deductible in the period of incurrence or, if corrected as a accounting error in reserves, in the period of recordation.

In 6 key points

Lifecycle

2024-05-23PublishedPublished 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