2. Extraordinary expenses due to exceptional circumstances

Regulations: Art. 37.4.3 Regulation PIT.

See also Common Standard 2 of Annex III Order HAC/1347/2024, of November 28 (BOE November 30th).

When the development of the activity has been affected by fires, floods, subsidence or other exceptional circumstances, which have determined extraordinary expenses outside the normal process of carrying out the activity, the interested parties may reduce the resulting net income by the amount of said expenses.

To do so, taxpayers must inform the Administration or Delegation of the State Tax Administration Agency corresponding to their tax domicile of this circumstance within 30 days from the date on which it occurs, providing, for this purpose, the corresponding justification and mentioning, where appropriate, the compensation to be received due to such alterations. The tax authorities will verify the certainty of the cause that motivates the reduction in income and its amount.

Precision: reimbursement or return of current subsidies

Given that his indictment must be carried out in the tax period that includes the date of the final grant award resolution, that is, when the grant is definitively recognized and quantified, regardless of when it is received, increasing the net income of modules by the amount of the grant received (box [1478], "Other business perceptions"), the return (reimbursement) of the same, if applicable, will have an impact on the net income of modules for the period in which it is made, and said net income must be reduced by such amount, entering its amount in the box [0238], relating to "Reimbursement of subsidies".