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V1275-23 ·12 May 2023 ·consulta-vinculante Medium impact
Tax

SOCIMI profit distribution: accounting income from reversal of non-deductible impairment may be excluded under certain conditions

A SOCIMI has requested clarification on whether it can exclude from its dividend distribution obligation the accounting income arising from the reversal of an impairment of real estate that was not tax-deductible. The DGT has ruled that such income must be ignored for distribution calculations if the original expense did not reduce accounting profit in the period it was recorded.

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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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