Doctrine by topic · DGT Observatory

Impairment of Receivables: 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 43 rulings · 2014–2026

Current position

Expenses for the impairment of receivables are deductible if they meet the requirements of accounting recognition, accrual, and justification. In the case of related parties, deductibility requires that the debtor be in insolvency proceedings with the opening of the judicial liquidation phase. In situations involving the extinction of the entity, the loss resulting from the difference between the market value of the assets received and the tax value of the holding is deductible, reduced by the dividends received in the previous ten years.

The DGT's position remains constant in restricting the deductibility of impairments regarding related parties, requiring the judicial liquidation phase in insolvency proceedings. Throughout the rulings, the requirements for accounting recognition and the treatment of losses in cases of the debtor entity's extinction have been clarified.

Turning points

  1. V1230-14

    Establishes that the mere declaration of insolvency is not sufficient for deductibility regarding related parties, requiring the order opening the judicial liquidation phase.

  2. V2519-24

    Clarifies the treatment of the difference between market value and tax value in the definitive write-off of the receivable due to extinction.

Analysis based on 39 of 43 rulings with a stated position. Updated 23 September 2026.

Rulings on this topic

24
V0552-26 10 Mar 2026

Negative income from the dissolution of a linked entity is deductible

SG de Impuestos sobre las Personas Jurídicas
renta negativaentidades vinculadasdeterioro de créditosdisolución y liquidaciónextinción de entidad LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 10.3LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 11
Affects CompanyExpat · Non-residentIndividual
V0598-25 1 Apr 2025

Income and retention imputation depends on the chosen temporal imputation criterion

SG de Impuestos sobre la Renta de las Personas Físicas
imputación temporalcriterio de devengocriterio de cobros y pagosretenciones a cuentarendimientos de actividades económicas LIRPF — Ley 35/2006 del IRPF art. 14.1.bLIS — Ley 27/2014 del Impuesto sobre Sociedades art. 11
Affects CompanyExpat · Non-residentIndividual

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