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V2508-16 ·8 June 2016 ·consulta-vinculante Medium impact
Tax

Profit on instalment sales recognised when claims become enforceable, even after judicial waiting periods

The consultant sold a pharmacy office with deferred payment, and after the buyer's insolvency, a court order set a ten-year waiting period before repayment. Tax authorities state that, having opted for proportional imputation, the gain will be recognised in periods when the claims become enforceable, including when the ten-year waiting period expires.

In 6 key points

Lifecycle

2016-06-08PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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