Skip to content
Back to index
V1299-14 14 May 2014 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IS · pérdidas por deterioro

Obligation to include positive adjustment from reversal of impairment losses in base tax

A company asks about the application of the rules regarding the reversal of impairment losses in non-listed entity participations. The DGT clarifies that the reversal of the provision must be charged to the exercise in which impairment is eliminated and how the transitional regime applies.

The question raised

Whether the novelty introduced by Law 16/2013, of October 29, which establishes certain measures regarding environmental taxation and adopts other tax and financial measures, is applicable to the investments in companies A and B mentioned, regarding the non-deductibility of losses due to impairment of securities representing participation in the capital or equity of unlisted entities.

Free assessment and quote