Skip to content
V1859-23 ·27 June 2023 ·consulta-vinculante Medium impact
Tax

Impairment of a loan against a related party is not deductible unless specific requirements are met

A company asks whether it can tax-deduct the loss due to the impairment of a loan against a Ukrainian company that is part of its same group. The DGT responds that, as they are related parties, the expense is not deductible unless the debtor is in insolvency proceedings with a judicial liquidation phase or the loan is definitively written off.

In 6 key points

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