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Two Spanish partners (A with 22.5% and B with 45%) of a dissolved Moroccan subsidiary seek clarification on the deductibility of intercompany credit impairments and the tax treatment upon dissolution. The DGT distinguishes: A can deduct impairments if any circumstance under Article 13.1 LIS applies; B, being a linked entity (≥25%), only deducts if the company is in liquidation proceedings. Both must include in their taxable base the difference between the market value received and the tax value of the cancelled shareholding (Article 17.8 LIS), with negative taxable income deductible after reduction by dividends received over the previous ten years (Article 21.8 LIS).
Cuestión planteada Conforme a los antecedentes expuestos, las sociedades A y B se plantean varias cuestiones relacionadas con la extinción de la sociedad X:
Para créditos con entidad vinculada (participación >= 25%), el deterioro solo es fiscalmente deducible en IS si el deudor está en concurso con apertura de liquidación judicial (art. 13.1.2º LIS). La entidad no vinculada puede deducirlo si concurre alguna circunstancia del art. 13.1 a)-d). Cuando se extingue la participada, la socia vinculada debe revertir el ajuste positivo previo e integrar la pérdida definitiva (art. 20 LIS) en el ejercicio de baja contable, sin que ello derive en tributación inferior al devengo (art. 11.3.1º LIS). Las rentas negativas por extinción son deducibles (art. 21.8 LIS), minoradas por dividendos recibidos de la participada en los diez años anteriores.
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