Skip to content
V2284-22 ·28 October 2022 ·consulta-vinculante Medium impact
Tax

Hedging price fluctuations via derivative products is excluded from the IVPEE taxable base

An electricity producer sells its energy to a related party at daily market prices and uses derivative products with third parties to hedge fluctuations. The DGT rules that the hedging of such fluctuations does not form part of the tax base.

In 6 key points

Lifecycle

2022-10-28PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact