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V0436-22 7 March 2022 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IS · entidades vinculadas

Write-off of uncollectible debt against a related party is deductible if the debtor is in insolvency proceedings and the liquidation phase begins

A company sought clarification on whether it could deduct the loss of a debt written off in its accounts against a related party. The DGT ruled that while impairment is not deductible if the related party is not in insolvency proceedings, the definitive write-off of the debt is deductible provided that insolvency proceedings are initiated and the liquidation phase is opened.

The question raised

Cuestión planteada Sobre la posible deducibilidad de la pérdida de un crédito contra una entidad vinculada que ha resultado definitivamente incobrable y que se ha dado de baja contablemente.

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