Skip to content
V3074-23 ·24 November 2023 ·consulta-vinculante Medium impact
Tax

Delisting of a company does not automatically trigger a capital loss for shareholders

A taxpayer inquired whether the delisting of a company undergoing insolvency proceedings allows for the declaration of a capital loss for Personal Income Tax (IRPF) purposes. The Directorate General of Taxes (DGT) ruled that the dissolution and liquidation of the company must occur for such a loss to be recognised.

In 6 key points

How it affects those involved

This ruling clarifies that shareholders cannot claim tax relief for capital losses solely based on a company's delisting or insolvency status; the formal legal process of liquidation is a prerequisite.

Lifecycle

2023-11-24PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact