Doctrine by topic · DGT Observatory

Reversal of Impairment: 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 · 2014–2023

Current position

The reversal of impairments without tax implications must be ignored for the calculation of distributable profits in companies with distribution obligations, such as SOCIMI, if the original expense did not reduce the distributable accounting profit. In the context of receivables, the reversal due to the collection of invoices is included in the tax base of the period in which the collection occurs, evaluating the application of reductions for irregular income based on frequency. In cases of insolvency, the partial collection of debt does not require an adjustment to the IVA (Value Added Tax) liability.

The DGT's position remains stable on the premise that accounting income from reversals without tax impact should not be included in the tax base nor affect the distribution of dividends in special regimes. Recent rulings have applied this principle to SOCIMI regulations and have specified the treatment of credit collections in contexts of insolvency or irregular income.

Turning points

  1. V1275-23

    Establishes that the accounting income from a reversal without tax implications must be ignored for the profit distribution obligation of SOCIMI.

Analysis based on 11 of 11 rulings with a stated position. Updated 29 September 2026.

Rulings on this topic

11
V0456-16 5 Feb 2016

Reversal of impairment is not taxable if it was not tax-deductible

SG de Impuestos sobre las Personas Jurídicas
deterioro de valorbases imponibles negativasconsolidación fiscalreversión de deteriorotransmisión de participaciones TRLIS — RDLeg 4/2004 (derogado por la Ley 27/2014) art. 90.3LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 62.2
Affects CompanyExpat · Non-residentIndividual
V3153-15 19 Oct 2015

Deductible deterioration reversal must be removed from consolidated tax base

SG de Impuestos sobre las Personas Jurídicas
consolidación fiscaldeterioro de valorreversión de deteriorobase imponible consolidadaeliminaciones LIS — Ley 27/2014 del Impuesto sobre Sociedades art. 13.2.bLIS — Ley 27/2014 del Impuesto sobre Sociedades art. 20
Affects CompanyExpat · Non-residentIndividual
V1664-14 30 Jun 2014

Deterioro of shareholdings not to be included in taxable base after prior reversal

SG de Impuestos sobre las Personas Jurídicas
pérdidas por deteriororeversión de deteriorodividendosbase imponiblefondos propios TRLIS — RDLeg 4/2004 (derogado por la Ley 27/2014) art. 12.3TRLIS — RDLeg 4/2004 (derogado por la Ley 27/2014) art. 14.1.j
Affects CompanyExpat · Non-residentIndividual

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