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V2506-22 ·2 December 2022 ·consulta-vinculante Medium impact
Tax

Reduction for increase in equity may apply if profits are voluntarily used to offset losses

A company has enquired whether it can apply the 10% reduction for an increase in equity when the profit from a financial year is voluntarily used to offset losses from previous years. The DGT has ruled that, as this is a voluntary decision rather than a legal obligation, it is considered an increase in equity for this purpose.

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2022-12-02PublishedPublished 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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