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V2431-23 ·7 September 2023 ·consulta-vinculante Medium impact
Tax

Debt forgiveness between dependent companies does not generate expense or income if aligned with shareholder participation

The tax implications of debt forgiveness between companies were examined. The DGT ruled that if the forgiveness is carried out in proportion to the participation of common shareholders, it is considered a distribution of funds in the creditor company and a contribution in the debtor company, without generating any tax expense or income.

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2023-09-07PublishedPublished 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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