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V3420-19 ·13 December 2019 ·consulta-vinculante Medium impact
Tax

Late payment interest is taxed as capital gains within the savings tax base

The taxpayer enquires about the taxation of late payment interest received following a court ruling and whether legal fees for solicitors and procurators are deductible. The DGT rules that such interest constitutes capital gains and that legal defence expenses are deductible subject to a limit.

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2019-12-13PublishedPublished 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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