Skip to content
V3383-14 ·26 December 2014 ·consulta-vinculante Medium impact
Tax

Losses from share reduction due to expropriation are deductible

A company asked whether a accounting loss from the write-down of an investment in a non-resident entity, resulting from an expropriation that created new assets, was deductible. The DGT replied that, as it is not a value deterioration but a change in asset nature, the restriction on deducting depreciation where exempt dividends have been received does not apply.

In 6 key points

Lifecycle

2014-12-26PublishedPublished 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