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V2089-18 ·16 July 2018 ·consulta-vinculante Medium impact
Tax

Loss of capital from amounts paid requires credit to be judicially unenforceable

A taxpayer asks whether a loss of capital can be declared for amounts paid to a developer after contract termination. The DGT responds that amounts paid constitute a credit, and a loss can only be recognised when this credit is judicially unenforceable.

In 5 key points

How it affects those involved

Taxpayers must wait for a judicial decision to confirm the unenforceability of a credit before claiming a capital loss.

Lifecycle

2018-07-16PublishedPublished 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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