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V1193-20 ·30 April 2020 ·consulta-vinculante Medium impact
Tax

Interest expenses from issuance premium loans are deductible under LIS article 16 limits

A company asked whether financing costs from a loan used to pay an issuance premium to its sole shareholder are deductible. The DGT confirms they are deductible provided they meet general accounting recording, accrual and justification requirements, subject to financial expense limits.

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2020-04-30PublishedPublished 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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