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Partner Contributions: DGT doctrinal evolution

How the DGT's position on this topic has evolved, and the rulings it rests on.

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How the DGT's position has evolved

Settled doctrine High confidence 11 rulings · 2014–2026

Current position

The forgiveness of debt by partners is recorded directly in equity as other partner contributions, without generating income or affecting the Corporate Tax (IS) taxable base. Non-reimbursable contributions intended to strengthen equity do not constitute income computable in the profit and loss account. The repayment of these amounts is treated similarly to a share premium, reducing the acquisition value of the shares.

The DGT's position remains constant in classifying partner contributions as equity movements without affecting the Corporate Tax (IS) taxable base. The doctrine has clarified the treatment of the repayment of these amounts and its impact on the acquisition value of the shares. It is confirmed that the forgiveness of debt is integrated directly into equity.

Turning points

  1. V1979-16

    Establishes that the non-reimbursable contribution is integrated into the acquisition value of the shares and that its subsequent distribution acts as a share premium.

  2. V1182-19

    Clarifies that the repayment of contributions without right to consideration will reduce the acquisition value and that any excess will be taxed as income from movable capital.

  3. V2516-24

    Confirms that the forgiveness of debt by partners must be recorded directly in equity under the heading of other partner contributions, without generating income.

Analysis based on 10 of 11 rulings with a stated position. Updated 28 September 2026.

Rulings on this topic

11
V0655-26 23 Mar 2026

Dividend payout against issuance premium does not affect capitalisation reserve

SG de Impuestos sobre las Personas Jurídicas
reserva de capitalizaciónfondos propiosprima de emisiónconsolidación fiscalaportaciones de socios LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 25LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 56.1
Affects CompanyExpat · Non-residentIndividual
V4010-16 21 Sept 2016

Negative tax bases reduced by merger correspond to shareholder contributions

SG de Impuestos sobre las Personas Jurídicas
bases imponibles negativasfusiónsubrogaciónvalor fiscalaportaciones de socios LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 76LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 84
Affects CompanyExpat · Non-residentIndividual

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