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V3054-20 ·13 October 2020 ·consulta-vinculante Medium impact
Tax

Loss cannot be claimed solely due to non-payment of a debt

A taxpayer asks whether a €30,000 loss from a debtor in bankruptcy proceedings can be claimed in personal income tax. The DGT responds that non-payment does not automatically create a loss, and that a loss only arises when specific legal circumstances are met in the case of a bankruptcy debtor.

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2020-10-13PublishedPublished 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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