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V1980-16 ·9 May 2016 ·consulta-vinculante Medium impact
Tax

Share impairment losses are non-deductible for CIT, but deductible for IRPF following liquidation or sale

A query was raised regarding the deductibility of losses arising from holding shares in a company with suspended trading and zero value. The DGT clarifies that impairment is not deductible for Corporate Income Tax (CIT), whereas for Personal Income Tax (IRPF), the loss is only recognised following the dissolution and liquidation of the company or its sale.

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2016-05-09PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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