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V2788-21 ·12 November 2021 ·consulta-vinculante Medium impact
Tax

Returns from Contracts for Difference (CFDs) are taxed as capital gains or losses

A taxpayer has enquired about the taxation of CFD transactions and the timing for recognising losses. The DGT has ruled that these contracts are derivative products, the settlement of which generates capital gains or losses within the savings tax base.

In 6 key points

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2021-11-12PublishedPublished 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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