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.

The communication for tax period must be made at the time when the first declaration for this tax must be submitted, and will be maintained for subsequent periods as long as it is not expressly modified.

It will be understood that the tax period has concluded:

1. When the permanent establishment ceases its activity.

2. When the disengagement of the investment made at the time with respect to the permanent establishment is carried out.

3. When the permanent establishment transfers its activity abroad .

4. When the permanent establishment is transferred to another natural person or entity.

5. When the main office moves its residence.

6. When the owner of the permanent establishment dies.

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