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V3166-14 ·26 November 2014 ·consulta-vinculante Medium impact
Tax

Forgiveness of a loan between companies does not generate income for the individual partners' Personal Income Tax

A query was raised regarding whether the total forgiveness of a loan between two companies owned by the same partners generates income for the companies or their partners. The DGT has determined that the transaction has no effect on the partners' Personal Income Tax (IRPF), as they are not parties to the loan made between the companies.

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2014-11-26PublishedPublished 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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