Temporary imputation of income from movable capital
a) General rule
Regulations: Art. 14.1 a) Law Income Tax
Income from movable capital, both income and expenses, must be attributed to the tax period in which they are payable by the recipient, regardless of when the income was collected and the expenses were paid.
b) Special rules
-
Yields pending court ruling
Regulations: Art. 14.2.a) Personal Income Tax Law
When all or part of a return has not been paid because the determination of the right to its collection or its amount is pending a judicial resolution (not merely a lack of payment), the unpaid amounts will be charged to the tax period in which the judicial ruling becomes final .
-
Estimated returns on movable capital
Regulations: Art. 14.2.f) Law Income Tax
The estimated returns on movable capital will be allocated to the tax period in which they are understood to have occurred . This period will coincide with the period in which the provision of the good or right generating the income was carried out.
-
Income derived from the transfer of the exploitation of copyright
Regulations: Art. 7.3 Regulation Income Tax
In the case of capital gains derived from the transfer of the exploitation of copyright that accrue over several years, the taxpayer may choose to impute the advance on account of the same as the rights accrue.
Note: If the taxpayer chooses to charge the advance payment as the royalties accrue, he/she must check box [0049] on the declaration.
-
Negative returns from the transfer of financial assets
Regulations: Art. 25.2 Law Income Tax
When the taxpayer has acquired homogeneous financial assets within the two months prior to or after said transfers, they will be integrated into the taxable base of savings as the financial assets that remain in the taxpayer's assets are transferred.
-
Benefits derived from life and disability insurance contracts
Benefits derived from life and disability insurance contracts that generate capital gains will be allocated to the tax period corresponding to the moment in which, once the contingency covered in the contract has occurred, the benefit becomes payable by the beneficiary of the insurance.