Skip to content
V3148-17 ·5 December 2017 ·consulta-vinculante Medium impact
Tax

Assignment of a credit right at a price below the amount owed results in a capital gain or loss for Income Tax purposes

An individual assigned a credit right against a company in insolvency proceedings to a third party for an amount lower than the debt owed. The Directorate General for Taxes (DGT) has determined that this transaction constitutes a capital gain or loss.

In 6 key points

Lifecycle

2017-12-05PublishedPublished 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