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V1815-16 ·25 April 2016 ·consulta-vinculante Medium impact
Tax

No accounting adjustments required for debt waivers if valid

A company in insolvency proceedings asks whether the waiver of debts by related creditors necessitates an accounting correction with tax implications. The DGT rules that, assuming the waiver is valid, there is no specific tax provision requiring adjustments to the accounting result.

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2016-04-25PublishedPublished 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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