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V3168-21 ·22 December 2021 ·consulta-vinculante Medium impact
Tax

Future capital gains tax liabilities cannot be deducted

A taxpayer inquired whether potential tax liabilities arising from future capital gains on assets could be included as charges to reduce the net wealth value. The Directorate General for Taxes (DGT) ruled that these presumptive obligations do not meet the legal requirements for deductibility.

In 6 key points

How it affects those involved

This ruling clarifies that only certain, existing tax liabilities can be used to reduce net wealth, preventing taxpayers from deducting speculative future tax burdens.

Lifecycle

2021-12-22PublishedPublished 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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