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The query concerns the tax treatment of last-resort securities lending carried out by a Central Counterparty (CCP) to resolve settlement issues. The DGT analyses the implications for Corporate Tax and Personal Income Tax for the CCP, as well as for the lenders and borrowers.
Cuestión planteada Tratamiento fiscal del préstamo de última instancia
Para la ECC, su posición neutral y la normativa contable determinan que no debe soportar ni practicar retenciones, aplicándose las excepciones del art. 61.z del RIS. El prestamista (IS o IRPF) no da de baja los valores, pero debe integrar la remuneración neta y las compensaciones por derechos económicos como ingresos (rendimientos del capital mobiliario en IRPF). El prestatario (vendedor fallido) debe tratar la remuneración y compensaciones como gastos financieros (IS) o gasto no deducible (IRPF). En caso de liquidación en efectivo por imposibilidad de recompra, se produce una transmisión de valores sujeta a tributación.
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