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V3872-15 3 December 2015 · SG de Impuestos sobre las Personas Jurídicas Criterion in force
IS · capitalización de créditos

Assessment of credit capitalisation and share swap requirements under special regime

The DGT confirms that credit capitalisation does not generate taxable income for the debtor, and a share swap may qualify under the special regime if legal requirements are met and valid economic justifications exist.

The question raised

Cuestión planteada 1º) Si la capitalización del derecho de crédito de B frente a A no genera rentas tributables ni en las sociedades A y B ni en sus socios.

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