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V1824-15 ·10 June 2015 ·consulta-vinculante Medium impact
Tax

Legal interest received from a surety bond is subject to capital gains tax

A member of a housing cooperative received the invested capital plus legal interest from an insurer following a breach of contract. The DGT has ruled that while the capital itself does not generate a capital gain, the interest must be taxed as such.

In 6 key points

Lifecycle

2015-06-10PublishedPublished 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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