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V1414-23 ·25 May 2023 ·consulta-vinculante Medium impact
Tax

Requirements for computing capital loss due to credit default in Personal Income Tax

The DGT states that the investment constitutes a credit right and a loss can only be recognised when the conditions of letter k) of article 14.2 of the Income Tax Law are met.

In 6 key points

How it affects those involved

Losses from crowdfunding investments are not deductible unless specific conditions under the tax law are satisfied.

Lifecycle

2023-05-25PublishedPublished 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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