Skip to content
V1860-24 ·6 August 2024 ·consulta-vinculante Medium impact
Tax

Variable fees of securitisation funds are included in net financial expenses based on their nature

A securitisation fund manager has enquired whether variable fees, which neutralise the fund's accounting result, should be treated as financial income or financial expense for the purpose of applying the deductibility limit under Article 16 of the Corporate Income Tax Act. The DGT has ruled that such fees must be included in the calculation of net financial expenses to the extent that they correspond to the financial nature of the income and expenses they offset.

In 6 key points

Lifecycle

2024-08-06PublishedPublished 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