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V2210-24 ·15 October 2024 ·consulta-vinculante Medium impact
Tax

Income from debt forgiveness to shareholders split between dividend distribution and other financial income

Entities X and Y requested guidance on quantifying the dividend arising from the forgiveness of debts owed by their subsidiary Z. The DGT ruled that the portion proportional to their shareholding constitutes income from the distribution of reserves, while the remainder is classified as other financial income.

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2024-10-15PublishedPublished 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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