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V2364-17 ·18 September 2017 ·consulta-vinculante Medium impact
Tax

Foreign exchange differences result in capital gains or losses when converted to euros

The taxpayer inquires about how and when to declare losses arising from the conversion of US dollars to euros. The DGT rules that these differences constitute a capital gain or loss attributable to the moment the effective conversion to euros takes place.

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2017-09-18PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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