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V1639-24 ·5 July 2024 ·consulta-vinculante Medium impact
Tax

In the deduction pro rata for financing services, only agreed interest is included in the denominator

A financial institution has enquired whether, when calculating the deduction pro rata for its common expenses, it should include only the interest on loans or also the principal repayment. The DGT responds that the consideration for a loan operation consists solely of the agreed interest.

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2024-07-05PublishedPublished 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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