Skip to content
Back to index
V0233-14 31 January 2014 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IS · condonación de deuda

Debt forgiveness by shareholders treated as income if it exceeds their effective shareholding

A query was raised regarding whether debt forgiveness by a company's shareholders can be considered entirely as a contribution to equity. The DGT ruled that only the portion proportional to their shareholding constitutes a contribution, whereas any excess is treated as income for the company and a non-deductible expense for the shareholder.

The question raised

Cuestión planteada 1) Si podría considerarse en su totalidad el acto de condonación de las entidades acreedoras como un mayor valor de sus respectivas participaciones y en la entidad deudora como una aportación en su totalidad a sus fondos propios.

Email
Contact