Skip to content
V2601-20 ·30 July 2020 ·consulta-vinculante Medium impact
Tax

Tax treatment cannot be determined if accounting does not comply with accounting standards

An entity inquired whether the acquisition of another company to acquire customers and the subsequent accounting loss resulting from its liquidation were tax-deductible. The DGT ruled that, as the proposed accounting does not comply with accounting standards, it cannot issue a ruling on its tax treatment.

In 6 key points

Lifecycle

2020-07-30PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact