Skip to content
V1780-23 ·21 June 2023 ·consulta-vinculante Medium impact
Tax

Compensation for subordinated obligations is income from movable capital, while legal interest is a capital gain

A query was made regarding the tax classification of judicial compensation for subordinated obligations and its accrued legal interest. The DGT has determined that the compensation constitutes income from movable capital, whereas the legal interest is classified as a capital gain, both of which are taxed under the general tax base.

In 6 key points

How it affects those involved

This ruling clarifies the distinction between the principal compensation and the interest accrued on it for tax purposes, ensuring correct classification within the general tax base.

Lifecycle

2023-06-21PublishedPublished 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