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V1998-22 ·20 September 2022 ·consulta-vinculante Medium impact
Tax

Late payment interest on a gratuitous loan is taxed as a capital gain in Personal Income Tax

An individual inquires about the taxation of an interest-free loan granted to a homeowners' association. The DGT clarifies that, if the loan is gratuitous, there are no returns on movable capital, but late payment interest due to non-payment shall be taxed as a capital gain in the savings tax base.

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2022-09-20PublishedPublished 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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