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V1709-20 ·29 May 2020 ·consulta-vinculante Medium impact
Tax

FOGASA payments must be attributed to the tax year in which the court ruling becomes final

A worker inquired about when to declare payments received from FOGASA for unpaid wages following a court ruling. The DGT has ruled that these must be attributed to the tax year in which the judicial resolution becomes final, rather than the moment the payment is received.

In 6 key points

How it affects those involved

This ruling clarifies the timing for tax reporting regarding FOGASA compensation, ensuring that income is recognised based on the legal finality of the judgment rather than the actual cash flow.

Lifecycle

2020-05-29PublishedPublished 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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