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V2342-16 ·26 May 2016 ·consulta-vinculante Medium impact
Tax

Losses on subordinated financial contributions cannot be recognised until the company's liquidation is complete

A taxpayer inquired whether they could declare a loss on their subordinated financial contributions to a cooperative in liquidation without waiting for its formal closure. The Directorate General for Taxes (DGT) ruled that the liquidation phase must be completed to determine the total amount of payments and accurately quantify the negative return.

In 6 key points

How it affects those involved

This ruling clarifies that taxpayers cannot prematurely claim tax losses on subordinated financial contributions; the final amount must be determined once the liquidation process is fully concluded.

Lifecycle

2016-05-26PublishedPublished 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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