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V1989-16 ·9 May 2016 ·consulta-vinculante Medium impact
Tax

Financial expense deductibility exception may apply during liquidation period without effective dissolution

A company enquired whether it could apply the exception to the limitation on the deductibility of financial expenses during its liquidation process, even if effective dissolution had not yet occurred. The DGT ruled that the exception extends to tax periods during which liquidation continues due to circumstances beyond the entity's control.

In 6 key points

How it affects those involved

This ruling provides legal certainty for companies undergoing liquidation, allowing them to maintain the deductibility of financial expenses under specific conditions even before the final dissolution of the entity.

Lifecycle

2016-05-09PublishedPublished 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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