6. Tax deductible taxes

Included within this category are the following concepts that appear differentiated in the Personal Income Tax declaration

a. VAT supported

will not included in the deductible expenses of the economic activity carried out . 

On the contrary, must be included ##1##within the deductible expenses of the economic activity carried out: VAT , including, where applicable, the equivalence surcharge, borne in said operations, the amounts of which are not deductible in the self-assessments of the VAT of this tax. Among other assumptions, this circumstance will occur when the economic activity carried out is subject to the following special VAT regimes:

• Special Equivalence Surcharge Regime.

• Special regime for agriculture, livestock and fisheries.

For its part, the input VAT corresponding to the acquisition of elements of the fixed assets assigned to the activity that is not deductible in this last tax, must be integrated as the greater acquisition value of said elements, for which will be considered as an expense in the Personal Income Tax will be made through the corresponding amortizations .

b. Other tax deductible taxes

This concept includes non-state taxes and surcharges, parafiscal levies, rates, surcharges and special state contributions that are not legally passable, provided that they affect the computed returns, do not have a sanctioning nature and correspond to the same year as the income. Examples of non-state taxes are the Tax on Economic Activities ( IAE ) and the Tax on Real Estate ( IBI ) corresponding to the economic activity carried out.

Criminal and administrative sanctions, surcharges for the executive period and the surcharge for late declaration without prior request are not considered deductible expenses.