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V3117-19 ·7 November 2019 ·consulta-vinculante Medium impact
Tax

Compensation for interest in a surety bond is taxed as capital gains in the savings tax base

A query was made regarding the Personal Income Tax (IRPF) treatment of compensation received from an insurer due to a developer's failure to pay. The Directorate General for Taxes (DGT) ruled that the return of the principal does not generate a gain or loss, but the interest component is subject to tax.

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2019-11-07PublishedPublished 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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