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V2596-15 ·8 September 2015 ·consulta-vinculante Medium impact
Tax

Foreign exchange losses on mortgage loan repayments are classified as savings income

A taxpayer inquired about the tax treatment of losses resulting from Swiss franc fluctuations when repaying part of a mortgage loan. The Directorate General for Taxes (DGT) ruled that such exchange rate differences constitute a capital loss that must be taxed as savings income.

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2015-09-08PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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