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V2286-23 ·28 July 2023 ·consulta-vinculante Medium impact
Tax

Refund of interest due to revolving card nullity is non-taxable, but statutory and default interest are general income

A query was raised regarding the Personal Income Tax (IRPF) treatment of interest and commission refunds from a revolving card following a court ruling of nullity. The Directorate General for Taxes (DGT) determines that the reimbursement of excess capital is not taxable, but statutory and procedural default interest must be included as general income.

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2023-07-28PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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