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V3105-17 ·30 November 2017 ·consulta-vinculante Medium impact
Tax

Payment of legal interest via court ruling deemed a computable capital loss

A query was raised regarding whether the payment of legal interest arising from a court judgment can be considered a capital loss. The DGT has ruled that, as it constitutes a change in the composition of assets, it is a computable capital loss.

In 5 key points

How it affects those involved

This ruling clarifies the tax treatment of interest payments resulting from judicial decisions, allowing taxpayers to recognise them as deductible capital losses for tax purposes.

Lifecycle

2017-11-30PublishedPublished 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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