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V3097-20 ·15 October 2020 ·consulta-vinculante Medium impact
Tax

Repayment of capital and compensatory interest are taxed as capital gains for Income Tax purposes

A taxpayer has enquired about the taxation of a refund for a property that was not delivered, including statutory interest and legal costs following a court ruling. The Directorate General for Taxes (DGT) clarifies that the repayment of capital does not generate a gain, while interest and legal costs are subject to specific tax treatments.

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2020-10-15PublishedPublished 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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