Doctrine by topic · DGT Observatory

Overdue Credits: 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 · 2016–2026

Current position

A debtor's failure to pay does not automatically generate a loss of assets because the credit right persists. To recognize the loss for overdue and uncollected credits, there must be a debt waiver in a refinancing agreement or insolvency proceeding, the conclusion of an insolvency proceeding without the credit being satisfied, or the passage of one year from the start of a judicial enforcement proceeding without the credit being satisfied.

The DGT's position remains constant throughout the sequence. The criterion establishes that non-payment is not sufficient cause for a loss of assets and requires compliance with the assumptions set forth in article 14.2.k) of the LIRPF (Personal Income Tax Law). No changes in doctrine are observed, but rather a reiteration of the legal requirements for the recognition of the loss.

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

Rulings on this topic

11
V5346-26 28 Jul 2026

Loss of wealth due to fraud: when a credit right exists

SG de Impuestos sobre la Renta de las Personas Físicas
pérdida patrimonialderecho de créditoimputación temporalejecución forzosaprocedimiento concursal LIRPF — Ley 35/2006 del IRPF art. 14.2.kLIRPF — Ley 35/2006 del IRPF art. 33.1
Affects CompanyExpat · Non-residentIndividual
V0892-20 16 Apr 2020

Crowdlending losses require specific circumstances for temporal imputation

SG de Impuestos sobre la Renta de las Personas Físicas
imputación temporalganancias y pérdidas patrimonialescrowdlendingalteración patrimonialcréditos vencidos LIRPF — Ley 35/2006 del IRPF art. 14.2.kLIRPF — Ley 35/2006 del IRPF art. 33.1
Affects CompanyExpat · Non-residentIndividual
V3338-19 4 Dec 2019

Non-payment of a credit does not automatically create a patrimonial loss

SG de Impuestos sobre la Renta de las Personas Físicas
pérdidas patrimonialesderecho de créditoprocedimiento concursalquitaimputación temporal LIRPF — Ley 35/2006 del IRPF art. 14.2.kLIRPF — Ley 35/2006 del IRPF art. 33.1
Affects CompanyExpat · Non-residentIndividual
V1376-17 2 Jun 2017

Non-payment by a debtor does not automatically create a patrimonial loss

SG de Impuestos sobre la Renta de las Personas Físicas
pérdida patrimonialderecho de créditoimputación temporalcréditos vencidosprocedimiento concursal LIRPF — Ley 35/2006 del IRPF art. 14.2.kLIRPF — Ley 35/2006 del IRPF art. 33.1
Affects CompanyExpat · Non-residentIndividual
V5451-16 27 Dec 2016

Award of share in mortgaged land creates gain or loss

SG de Impuestos sobre la Renta de las Personas Físicas
ganancia patrimonialpérdida patrimonialejecución hipotecariahipotecante no deudorvalor de adjudicación LIRPF — Ley 35/2006 del IRPF art. 14.2 k)LIRPF — Ley 35/2006 del IRPF art. 33
Affects CompanyExpat · Non-residentIndividual

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