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V3188-17 ·13 December 2017 ·consulta-vinculante Medium impact
Tax

Loss of capital from payments to promoter only computable when credit is judicially uncollectable

The consultant asks whether a capital loss can be recognised for amounts paid to a promoter in insolvency proceedings. The DGT responds that such a loss can only be recognised when the credit right is declared judicially uncollectable.

In 6 key points

How it affects those involved

The loss of capital from payments to a promoter can only be recognised when the credit is formally declared uncollectable by a court.

Lifecycle

2017-12-13PublishedPublished 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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