Skip to content
V1583-25 ·8 September 2025 ·consulta-vinculante Medium impact
Tax

Debt not deductible after property transferred to a society

An Italian resident asks whether they can deduct the debt from a loan used to buy and improve a property after transferring that property to a society. The DGT responds that the debt is not deductible because the capital was invested in an asset no longer part of their patrimony.

In 6 key points

Lifecycle

2025-09-08PublishedPublished 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