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V2349-23 29 August 2023 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IS · reducción de capital

Capital reduction to offset losses does not generate positive or negative income for the shareholder

A company inquired whether a subsidiary's capital reduction to offset losses would result in a loss for its own accounting and tax purposes. The DGT ruled that such an operation does not trigger losses for the shareholder.

The question raised

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