Issues to consider when settling the tax in 2024
We inform you of the main news for the 2024 Corporate Campaign
Non-deductible expenses: Temporary levies on energy and financial institutions and credit establishments
Temporary energy tax
The expenditure for the energy tax planned on a temporary basis during the years 2023 and 2024 and its advance payment, will not be tax deductible for the purposes of determining the taxable base for Corporate Income Tax, as established in article 1.7 of Law 38/2022, of December 27, for the establishment of temporary taxes on energy and credit institutions and financial institutions and by which the temporary solidarity tax on large fortunes is created, and certain tax regulations are modified.
Temporary levy on financial institutions and credit institutions
The expenditure for the taxation of credit institutions and financial credit establishments planned on a temporary basis during the years 2023 and 2024 and its advance payment, will not be tax deductible for the purposes of determining the taxable base for Corporate Income Tax as established in Article 2.6 of Law 38/2022 of December 27, for the establishment of temporary taxes on energy and credit institutions and financial institutions and by which the temporary solidarity tax on large fortunes is created, and certain tax regulations are modified.