New regulations for 2018
Skip information indexCriteria applicable for filing split payments of Corporation Tax since the modification of the Economic Agreement with the Basque Country
CRITERIA FOR DETERMINING THE REGULATION APPLICABLE FOR CORPORATE TAX PURPOSES SINCE THE MODIFICATION OF THE ECONOMIC AGREEMENT WITH THE BASQUE COUNTRY
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CORPORATION TAX REGULATION ECONOMIC AGREEMENT |
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| TAX ADDRESS |
PRIOR YEAR'S BUSINESS VOLUME |
POWERS OF INSPECTION |
|---|---|---|
| Basque Country | ≤ €10 MILL |
Regional regulations of the Basque Country |
| > €10 MILL |
Regional regulations of the Basque Country, unless 75% or more of trading was in joint territory the previous year, in which case state regulation applies |
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| Navarre | ≤ €7 MILL |
Navarra regional regulations |
| > €7 MILL |
Navarra regional regulations, unless 75% or more of trading was in joint territory the previous year, in which case state regulation applies |
|
| Joint Territory | ≤ €7 MILL |
National regulations |
| > €7 MILL ≤ €10 MILL |
State regulations, unless 100% of trading is in Navarra, in which case Navarra regional regulations apply |
|
| > €10 MILL |
State regulations, unless: - 75% or more of its trading, or 100% for tax groups, in the prior year was in the Basque Country, in which case Basque Country regulations apply - 100% of trading is in Navarra, in which case the Navarra regional regulations apply |
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CRITERIA APPLICABLE FOR SPLIT PAYMENTS OF CORPORATION TAX SINCE THE MODIFICATION OF THE ECONOMIC AGREEMENT WITH THE BASQUE COUNTRY
Taxpayers required to apply the state regulations in accordance with the criteria set forth in the table above, must deposit split payments of Corporation Tax according to the following criteria:
LEVYING OF SPLIT PAYMENTS OF CORPORATION TAX - REGIONAL AGREEMENT
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LEVYING ECONOMIC AGREEMENT |
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| TAX ADDRESS |
VOLUME OF BUSINESS PRIOR YEAR AND PERCENTAGE CARRIED OUT IN EACH TERRITORY | TAX PAYMENT |
|---|---|---|
| Basque Country | > €10 MILL and 75% or more of trading is in joint territory |
In proportion to the volume of operations in each territory |
| Navarre | > €7 MILL ≤ €10 MILL, and 75% or more of trading is in joint territory |
SPANISH TAX AGENCY and Navarra Regional Tax Authority: Navarra Regional Tax Authority levying (% trading in Navarra), Spanish Tax Agency levying (% trading in the joint territory and the Basque Country) |
| > €10 MILL, and 75% or more of its trading in the joint territory |
In proportion to the volume of operations in each territory |
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| Joint Territory | ≤ €7 MILL |
AEAT (Tax Agency) |
| > €7 MILL ≤ €10 MILL, unless 100% of trading is in Navarra |
SPANISH TAX AGENCY and Navarra Regional Tax Authority: Navarra Regional Tax Authority levying (% trading in Navarra), Spanish Tax Agency levying (% trading in the joint territory and the Basque Country) |
|
| > €10 MILL, unless 75% or more of its trading is in the Basque Country (100% in the case of tax groups) or 100% in Navarra |
In proportion to the volume of operations in each territory |
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