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V2969-23 ·13 November 2023 ·consulta-vinculante Medium impact
Tax

Financial expenses for the acquisition of entities within a tax group are subject to a double deductibility limit

A company inquired whether the interest on a loan to acquire a company was deductible up to one million euros, even if the operating profit of the group (excluding the acquired entity) was negative. The DGT responds that the special limit of Article 67.b) must be applied first, followed by the general limit of Article 16.

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2023-11-13PublishedPublished 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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