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V2943-15 ·7 October 2015 ·consulta-vinculante Medium impact
Tax

Losses due to debtor insolvency may be deducted if the requirements of the Corporate Tax regulations are met

A self-employed professional inquires whether the amount of an unpaid invoice due to client insolvency can be deducted as an expense. The DGT responds that, as the rules of Corporate Tax apply to determine net income, the deduction is possible if the legal circumstances of insolvency are present.

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2015-10-07PublishedPublished 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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