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V1255-23 ·12 May 2023 ·consulta-vinculante Medium impact
Tax

Income generated during insolvency liquidation is not subject to the negative tax base offset limit

A real estate company undergoing insolvency proceedings queried whether the 70% limit for offsetting negative tax bases applies to income obtained during its liquidation. The DGT ruled that this limit should not apply to income generated during the insolvency liquidation period, even if the formal dissolution of the entity occurs in a subsequent financial year.

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2023-05-12PublishedPublished 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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