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V1682-23 ·13 June 2023 ·consulta-vinculante Medium impact
Tax

Loss of capital can be claimed on a non-recovered credit from a bankrupt company

The taxpayer asks whether a loss on a credit from a bankrupt company can be claimed in their personal income tax. The DGT responds that the loss is attributable to the period when the bankruptcy procedure ends and that the heir can prove ownership to claim it.

In 6 key points

How it affects those involved

Heirs may claim a capital loss on unrecovered credits from bankrupt companies, subject to proof of ownership and attribution to the bankruptcy closure period.

Lifecycle

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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