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V2423-21 ·20 September 2021 ·consulta-vinculante Medium impact
Tax

Financial compensation from out-of-court settlement with a bank is taxed as a capital gain

A taxpayer has requested clarification regarding the taxation of financial compensation received through an out-of-court settlement with a bank concerning a financial product. The Directorate General for Taxes (DGT) has ruled that such an amount, including reimbursement for legal defence costs, constitutes a capital gain.

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2021-09-20PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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