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V3769-15 ·30 November 2015 ·consulta-vinculante Medium impact
Tax

Forgiveness of a loan between two companies does not generate income for partners in Personal Income Tax or for companies in Corporate Tax

A query was raised regarding whether the total forgiveness of a loan between two companies with the same partners generates income for the companies or for the individual partners. The DGT has determined that there are no tax implications for Corporate Tax or for the partners' Personal Income Tax.

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2015-11-30PublishedPublished 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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