Skip to content
V1210-14 ·5 May 2014 ·consulta-vinculante Medium impact
Tax

Forgiveness of intercompany debt within the same group may constitute an equity contribution exempt from ITPAJD

The tax treatment of debt forgiveness between two companies within the same family group was consulted. The DGT determines that, depending on the shareholders' participation, the transaction may be treated as a distribution of profits and an equity contribution, or as income and a non-deductible expense.

In 6 key points

Lifecycle

2014-05-05PublishedPublished 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