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V2516-18 ·18 September 2018 ·consulta-vinculante Medium impact
Tax

Loan interest constitutes income from movable capital and legal expenses do not constitute capital losses

An individual inquired about the tax treatment of uncollected loan interest, the failure to repay the principal, and legal fees for lawyers and court representatives. The DGT determines that interest constitutes income from movable capital and that the capital loss on the principal depends on specific circumstances under the law.

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2018-09-18PublishedPublished 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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