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A company has requested a ruling on the tax treatment of convertible bonds, specifically regarding the deductibility of issuance costs and the treatment of their redemption or repurchase. The DGT has determined that, due to their commercial nature, these bonds are liability instruments rather than equity instruments.
Cuestión planteada La consultante solicita confirmación del tratamiento fiscal a otorgar a las siguientes operaciones, por las que podría pasar el Instrumento a lo largo de su vida y que están estrechamente relacionadas con su contabilización:
Las obligaciones convertibles tienen consideración de instrumento de pasivo según la Ley de Sociedades de Capital, calificación que debe primar a efectos fiscales independientemente de su tratamiento contable. Los gastos de emisión se consideran gastos de un pasivo financiero y son deducibles a medida que se devenguen mediante el método del tipo de interés efectivo. En caso de reembolso o recompra anticipada, la renta resultante se integra en la base imponible del emisor, pero no se considera gasto o ingreso financiero para el límite del artículo 16 de la LIS.
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