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V1664-23 ·13 June 2023 ·consulta-vinculante Medium impact
Tax

Compensation interest for contract nullity must be taxed under the general tax base of Personal Income Tax (IRPF)

An heir received statutory and enforcement interest following the declaration of nullity of a credit card contract due to usury. The DGT has ruled that this interest is compensatory in nature and must be included in the general tax base.

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2023-06-13PublishedPublished 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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