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V0255-26 6 February 2026 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IS · estimación directa

Loss expenses deductible under Corporate Tax if accounting and documentation rules are met

The query asks whether expenses from theft are deductible for tax purposes. The DGT responds that such expenses are deductible provided accounting recording, accrual, and documentation requirements are fulfilled, and any subsequent recovery must be recorded as income.

The DGT's ruling

The expense resulting from theft is deductible for Corporate Income Tax purposes if the conditions of accounting registration, accrual-based imputation, and documentary justification are met, and there is no regulation that deems it non-deductible. According to accounting regulations, this type of loss may be recorded in the exceptional expenses account. It is the responsibility of the taxpayer to prove the veracity of the facts through the means of evidence admitted under Law.

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