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V3008-21 ·3 December 2021 ·consulta-vinculante Medium impact
Tax

Income from movable capital generated by the cancellation of securities and receipt of rights

A taxpayer inquires about the taxation following the cancellation of fixed-income securities under a restructuring plan, where rights are received to collect the principal at a future date. The DGT rules that income is generated based on the difference between the value of these rights and the acquisition value of the cancelled securities.

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Lifecycle

2021-12-03PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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