Tax period and accrued amount

Regulation: Article 20 TRLIRNR

The tax period will coincide with the declared financial year and may not exceed twelve months. Unless otherwise stated, the tax period shall be deemed to refer to the calendar year.

It will be understood that the tax period has concluded:

1. When the permanent establishment ceases its activity.

2. When the deregistration of the investment made at the time is carried out.

3. When the transfer of the permanent establishment to another natural person or entity occurs.

4. When the main office moves its residence.

5. When the owner of the permanent establishment dies.

Non-Resident Income Tax will be due on the last day of the tax period.