Skip to content
V1925-24 ·5 September 2024 ·consulta-vinculante Medium impact
Tax

The subject of seizure shall be the promissory note from the moment of its delivery to the debtor supplier of the Public Treasury

A company has requested clarification on how seizure procedures apply when using promissory notes to pay suppliers. The DGT explains that the credit is incorporated into the promissory note at the moment the instrument is delivered to the supplier, making the promissory note the subject of the seizure.

In 6 key points

Lifecycle

2024-09-05PublishedPublished 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