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 declared, the tax period will be understood to refer to the calendar year.
will be understood as having concluded the tax period:
When the permanent establishment ceases its activity.
When the withdrawal of the investment is made on the day it was made.
When the permanent establishment moves its activity abroad .
When the transfer of the permanent establishment to another natural person or entity occurs.
When the head office moves its residence.
When the owner of the permanent establishment dies.
Non-Resident Income Tax will accrue on the last day of the tax period.