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V5169-16 ·29 November 2016 ·consulta-vinculante Medium impact
Tax

Foreign currency note holding base is the difference between original and euro-denominated values

A taxpayer asks how to calculate the return and retention of a note linked to stock indices denominated in dollars. The DGT responds that the return is the difference between the acquisition and amortisation values in dollars, converted to euros at the exchange rate at the time of cancellation.

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2016-11-29PublishedPublished 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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