Limitation of the deductibility of financial expenses

article 16 of the LIS establishes a series of limits on the deductibility of financial expenses as detailed below. In relation to this article, we must take into account the Resolution of July 16, 2012 ( BOE of July 17) issued by the Directorate General of Taxes, in order to delimit the interpretative criteria in the application of the limitation on the deductibility of financial expenses regulated in the then current article 20 of RDLeg . 4/2004.

1. Deductible financial expenses
2. Application of limiting the deductibility of financial expenses
3. Exceptions to the application of limiting the deductibility of financial expenses
4. Adjustments from limiting the deductibility of financial expenditure
5. Completion of the table "Limiting the deductibility of financial expenses" (page 20 of Form 200)
6. Practical examples