Skip to content
V1856-23 ·27 June 2023 ·consulta-vinculante Medium impact
Tax

The payment of third-party debts due to derivative liability constitutes a credit right and not a deductible expense

A company paid the debts of another entity for which it was held liable. The DGT responds that this payment is not an expense, but a credit that the company holds against the debtor, and that its forgiveness does not generate tax effects if it is accounted for as a contribution by partners.

Lifecycle

2023-06-27PublishedPublished 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