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V1932-21 ·21 June 2021 ·consulta-vinculante Medium impact
Tax

Payment of a guarantee by a dissolved company may be treated as a capital loss

A taxpayer asks whether garnishments from their salary due to guaranteeing a dissolved company can be considered a capital loss. The DGT responds that, since the company is dissolved and the creditor cannot be recovered, such amounts may be charged as a loss.

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2021-06-21PublishedPublished 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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