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V3559-20 ·15 December 2020 ·consulta-vinculante Medium impact
Tax

Deduction for investment in start-ups plus interest must be repaid if holding period is not met

The taxpayer asks how to regularise the tax deduction for investment in new or recently created companies after failing to hold the shares for the minimum period of three years. The DGT rules that the improperly claimed deduction, along with late payment interest, must be added to the state net tax liability.

In 6 key points

How it affects those involved

Taxpayers who fail to comply with the mandatory holding period for start-up investment deductions must rectify their tax position by repaying the deduction plus interest.

Lifecycle

2020-12-15PublishedPublished 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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