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V1436-24 ·14 June 2024 ·consulta-vinculante Medium impact
Tax

Loss from dissolution of foreign entities deductible without restructuring

A Spanish company asked whether it could deduct the loss from the liquidation of two Maltese resident entities. The DGT responds that negative income from dissolution is deductible in the period of commercial dissolution.

In 6 key points

How it affects those involved

Taxpayers may deduct negative income arising from the dissolution of foreign subsidiaries without restructuring, provided the dissolution occurs in a commercial context.

Lifecycle

2024-06-14PublishedPublished 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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